Payments/Credit/Debit

TNB Card Services, the card portfolios servicing and purchasing arm of credit union owned Town North Bank, has purchased the credit card portfolio of the $330 million Island Federal Credit Union headquartered in Hauppauge, New York.

The market for credit union credit card portfolios is getting a bit more competitive.

A survey sponsored by a prepaid card association has found that the cards are extremely popular among underbanked and unbanked consumers.

Bank of America's recent decision to increase the fees on many of its ATMs could provide credit unions with still another opportunity to differentiate themselves with banks, according to an executive with CO-OP Financial Services, the parent CUSO of the credit union owned CO-OP Network of fee-free ATMs.

CO-OP Financial Services, the parent CUSO of the credit union owned CO-OP Network of fee-free ATMs, is settling into a new headquarters up the road from its previous location in Ontario, California.

Expect to dip significantly deeper into your pockets if you are not a depositor at Bank of American but decide to use one of the bank's ATMs. The bank has announced that the fee for non-depositors using its ATM machines in most major U.S. markets has gone from $2 to...

Power Financial Credit Union is unveiling what it calls "the next generation" of checking.

Power Financial Credit Union is unveiling what it calls "the next generation" of checking.