WASHINGTON - Members are increasingly moving higher paying savings products with the bulk of activity in share certificates. In the first quarter of 2005, share certificates attracted the largest portion of member savings, accounting for more than 35% of new savings balances, according to Callahan & Associates' First Look program,...

MEMPHIS, Tenn. - ShareOne Inc. will begin offering its clients electronic statements and alerts through a new pact with DigitalMailer Inc. Share One, a Memphis-based core processing CUSO, will be one of the first to use DigitalMailer's newest version of its popular e-statement solutions, says Ron Daly, president of the...

PURCHASE, New York - On the eve of a conference called to combat card fraud, MasterCard International announced that it shut down 1,400 Web sites that promote phishing and other forms of identity theft through its Operation STOP IT program. Phishing is an Internet based fraud scheme in which consumers...

TALLAHASSEE, Fla. - Following the signature of Governor Jeb Bush due this month, the state will have its first recodification of credit union law in 23 years providing federal parity and updated language on field of membership. The bill, SB 1330, which becomes effective July 1, sailed through the Florida...