Earlier this month, the members of Mercy Credit Union of Miami voted overwhelmingly in favor of merging into JetStream Federal Credit Union. The merger creates a credit union with more than $150 million in assets, eight branch locations, and over 19,000 members throughout Miami Dade County and Puerto Rico.
As consumers head to the malls and shopping strips this holiday season, more than half are expected to use cash or debit cards and only one out of three shoppers will break out credit cards to buy gifts, so reports an online survey of Litle & Co., a Lowell-Mass.-based payments...
Credit unions know that offering the latest in online, mobile and text banking technologies evens the competitive field against the convenience perceptions of large banks.