More credit unions than ever before have increased the number of their relationships with their members, but far too many keep relatively little member contact, according to noted credit union consultant, Tony Ward-Smith.

Visa USA remains optimistic about small business spending even as some economic experts have taken on a more cautious tone about the sector. The card brand has made moving business spending onto cards one of its key strategic goals.

Interchange income and fees represent the smaller part of credit and debit card income, but a part which many credit unions could improve upon, suggested some card experts.

By a margin of only 2%, the members of the $1.2 billion Think Federal Credit Union have voted to stop being owners and members of a credit union and instead become depositors in a mutual bank.

Even as they acknowledged that the credit union might never honor their request, members of the $319 million Lafayette Federal Credit Union have turned in their signatures seeking a special meeting at which the seven board members who voted to convert the credit union to a mutual bank could be...

Yet another state legislator is hard at work on a bill that would seek to correct the ongoing problem of card data security.

Consumer protection groups are challenging the practice of allowing debit cardholders to use their cards to overdraw their checking accounts and the study found that, overall, this practice has increased.

The World Council of Credit Unions is working with the U.S. Agency for International Development and local Afghans to establish credit unions in that country, even though some of the new CUs are in war zones.