First Premier Bancard, the sister card-issuing organization to Sioux Falls, S.D.-based First Premier Bank, is charging an annual percentage rate of 59% on cards aimed at consumers with lower credit scores.

The $200 million Heritage Credit Union of Madison, Wis., has merged the $50 million A-B CU of Milwaukee. The merger, which has been in the works for several months, was effective Jan. 31, Heritage said.

FCU board members must be able to examine a balance sheet and explain its meaning and importance and must learn how to do that within six months of joining a board, according to a letter to CUs sent today by NCUA Chairman Debbie Matz.

Fort Worth City Credit Union is now offering electronic document signing through its home banking page.