REDWOOD CITY, Calif. - Credit unions have held "their own and done damage control" against banker attacks in 2003, but CUNA's incoming leadership will probably need to become more aggressive in countering the ongoing assault, according to CUNA's outgoing chairman, Barry Jolette, CEO of San Mateo Credit Union. In a...

ARLINGTON, Va. - Despite the recent loss of the so-called Honor All Cards rule in a legal settlement with Wal-Mart and other retailers, Visa continues to project strong growth for its Visa check card product. In data presented recently to card executives, the San Francisco-based card association continued to project...

Visa has identified six signals that might alert cardholders that a bust out incident might be building. 1. Where the accounts are located. Card accounts in New York, New Jersey, Maryland, California, Illinois, Michigan, Florida (Miami area), and Washington, D.C. have predominated the cases so far. 2. Less than two...

ALEXANDRIA, Va.-CUNA and NAFCU patted NCUA on the back for the agency's proposed amendments to the definitions of "credit union organization," to conform to the credit union services organizations rule, and "financial organization," including federal and state government entities in this definition. The proposed rule clarified that CUSOs that primarily...