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CHICAGO - As debit cards have continued to grow in importance and value, Visa has sought to improve both their issuers' management and growth of their debit card portfolios and their own growth of the product. At the issuer level, Visa says credit unions need to take a more active...

WASHINGTON-CUNA President and CEO Dan Mica pointed out in an Oct. 12 American Banker letter to the editor, that small banks have more to fear from larger banks than from credit unions. He pointed out that as the new American Bankers Association Chair Betsy Duke stated that stopping credit union...

WASHINGTON - The number of companies that have been dismantled as a result of questionable board policies are a `who's who' list in the corporate world: WorldCom, Enron, Tyco and Quest. Many experts have called for increasing regulation as the solution to better governance, and while measures such as the...

MONTVALE, N.J. - Now Canadian shoppers in U.S. retailers will be able to make their purchases more easily. The NYCE Corporation, a leading provider of ATM and debit card services in the U.S., has expanded its reach to include Canada. NYCE announced on 8 October that, effective immediately, Canadians shopping...

MADISON, Wis. - With a growing number of credit unions offering business loans to its members, CUNA Mutual Group recently provided a quick, refresher course on the regulatory ground rules. In the October 2004 issue of its Lending Resource Newsletter, CUNA Mutual reminded credit unions on what a member business...

LOWELL, Mass. - In a bid to differentiate itself from the competition, Jeanne D'Arc Credit Union is rolling out a Legendary Service program that accentuates its personal dedicated member service. The premise of the internal program is to recognize employees for their service excellence. Beginning January 1st, each branch lobby...

WASHINGTON-The federal financial institution regulators, including NCUA, announced the publication of a new resource encouraging consumers to avoid overdraft and bounced-check fees by being responsible with accounts. The message of the joint brochure, entitled Protecting Yourself from Overdraft and Bounced-Check Fees, is that the best way to avoid overdraft and...

MILWAUKEE-In a bid to combat rising volume at payday loan shops and steer low-income borrowers and savers into credit unions, the Wisconsin Credit Union League has formally debuted a partnership with Filene Research Institute to produce a new "service model" - going beyond check cashing and wire transfer - that...