News

North Coast Credit Union is going to extra trouble this winter to support a "Mountains of Hope" penny drive, dumping thousands of coins into CU branches to support a needy charity.

Credit Union 24, the Florida-based nationwide ATM and debit network CUSO, has moved from using Fifth-Third Bank as a processing switch and will instead use FIS, the network said.

Belvoir Federal Credit Union is thanking active duty military personnel for their service with a 10% annual percentage yield certificate.

Discover cardholders can now pay their bills through a link on their credit union or bank's online banking site if it is on the Fiserv bill pay network.

The nation's second largest credit union has become the second CU in the country to put computer chips into its credit or debit cards.

Leaders of Har-co Federal Credit Union told its members that the CU needed to convert to a federal thrift charter in order to serve more people, but the NCUA has no record of the CU ever applying for a community charter.

Marking its first merger in three years, the $1.7 billion Redwood Credit Union of Santa Rosa, Calif. is taking over the ailing $90 million Cal State Central CU effective April 1.

NAFCU is "deeply concerned," about the Federal Reserve's proposal to regulate interchange fees and contends that the "supposed small issuer exemption is illusory" and won't protect small issuers.