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HARRISBURG P.A. - The $2.1 billion Pennsylvania State Employees Credit Union has filed suit against BJ'S Wholesale Club and Fifth Third Bank over losses the credit union suffered in the wake of a card data compromise at the big box retailer. "The Visa cards from which BJ's retained magnetic stripe...

SAN FRANCISCO - VISA USA saw its debit transactions that cardholders validate with a personal identification number increase by almost 100% in the second quarter of 2004 over the same quarter in 2003. According to the brand's second quarter figures, VISA cardholders made $15 billion in purchases in the second...

DULUTH, Ga. - Georgia Central Credit Union is taking its online line participation Web site, MemberMatch, nationwide. Previously, MemberMatch (www.membermatch.com) was only available for Georgia credit unions. MemberMatch is designed to connect credit unions interested in either buying or selling loans. The site stores data about loan participation pools that...

OKLAHOMA CITY, Okla. - With a month to go, the turnout for that well-hyped Washington trip by the Oklahoma Bankers Association to attack credit unions is a bit slow coming together with only 14 bankers signed up though the trade group said it still hopes "for a better showing." On...

HARRISBURG, Pa. - eCU Technologies has hired another Symitar veteran to join the staff of the IT CUSO at Pennsylvania State Employees Credit Union. Mark Borja will serve as consulting manager on the consulting team at eCU. He has been with Symitar for the past 10 years, most recently as...

MADISON, Wis. - CUNA Mutual Group is going national with its successful after-school volunteer program. The "Lend A Hand" pilot program was launched by CUNA Mutual and eight Madison-area credit unions in September 2003 to help credit unions partner with local schools in recruiting 200 tutors for middle-school students during...

DENVER - An attempt by some members to reorganize their credit union rather than see it merged into another continued last week as the members held a press conference August 9 to try to attract attention to their situation. The $2.4 million, 1,398-member Denver Community Development Credit Union merged with...

WASHINGTON - Lobbyists from both major credit union trade associations are working hard against a congressional deadline to try to get a measure passed that will enable credit unions to continue merging relatively easily. The measure would likely be in the form of an amendment which would exempt credit unions...