The pending acquisition of eFunds by Fidelity National Information Services should not have a big impact on CO-OP Financial Services, even though CO-OP processes its EFT transactions with eFunds, according to Stan Hollen, CEO of CO-OP.

Clifford Rosenthal, the executive director of the National Federation of Community Development Credit Unions, has spoken up for credit unions playing a significant role in New York's new anti-poverty effort.

Clifford Rosenthal, the executive director of the National Federation of Community Development Credit Unions, has spoken up for credit unions playing a significant role in New York's new anti-poverty effort.

CUNA Mutual Group, the insurer of the vast majority of CU plastic card programs and the target of some criticism for often raising the premium and deductible on that insurance, is emphasizing the message that such programs are worth having despite the costs.

CUNA Mutual Group, the insurer of the vast majority of CU plastic card programs and the target of some criticism for often raising the premium and deductible on that insurance, is emphasizing the message that such programs are worth having despite the costs.

Wal-Mart, the nation's leading retailer, has announced an effort to make its stores a significant source of financial services for lower income and underserved consumers, the retail giant said in June 20 press release.

NEW YORK -- Two leaders of community development credit unions have been recognized by the National Federation of Community Development Credit Unions for their persevering community development work.

Roughly six years after selling it credit card portfolio to Bank of America's FIA Card Services (then MBNA) the $121 million BestSource Credit Union has declined to renew its contract with FIA and gotten back into the business of issuing.