HOUSTON - Wondering what's more important to consumers than cable television or even having Internet access - look no further than the ATM card in their wallets. According to a national consumer study commissioned by PULSE EFT Association, an electronic funds transfer system, the debit card ranks second only to...
MIDDLETOWN, Pa. - A number of corporates are now jumping into the electronic bill pay space, calling it a natural outgrowth of their payment systems role. The first to do it was Mid-Atlantic Corporate FCU back in 1999, and the corporate continues to increase volume. Below is a look at...
NEW YORK - Though directly impacted by the terrorist attacks on September 11, Municipal Credit Union has still taken the time to salute those fallen heroes that were lost in the World Trade Center. The $906 million credit union, which serves the firefighters, police officers and other municipal/government employees, has...
ALEXANDRIA, Va.-In an open session meeting on Oct. 18, the NCUA Board once again approved all motions before the board unanimously. Chairman Dennis Dollar opened the meeting by noting that it fell on International Credit Union Day this year. The board approved for public comment an Advanced Notice of Proposed...
NEW YORK - The first group of recipients was announced by The Community Development Financial Institutions Fund for its new Small and Emerging CDFI Assistance (SECA) Component. Nineteen credit unions were among the 70 CDFIs awarded technical and financial assistance. The CUs received $2,362,000 out of the total of $8,004,150....
LONDON, UK - Seven proposals proposed by Her Majesty's Treasury would not only amend the Credit Unions Act of 1979 but would allow United Kingdom credit unions a chance to grow. Until recently credit unions have been limited in membership, services, deposits and loans to choking bounderies. This was changed...
SANTA ANA, Calif. - The Orange County Teachers Federal Credit Union and the Orange County Department of Education have teamed up to make computers a reality for school employees. From November 3-10, the first 1,000 members to order online at the OCDE Web site will receive a zero interest computer...
WEST PALM BEACH, Fla. -As part of the effort to return to normal, the week of October 15 kicked off with a proclamation written by President George W. Bush designating Thursday, October 18, 2001 International Credit Union Day and praising credit unions for their mission. "The commitment credit unions make...
SYDNEY, Australia - When the Reserve Bank of Australia (RBA) expressed some worries about a VISA debit card, credit unions, buildings societies and St. George and Bendigo Banks started talking. Together they put together a position paper on the product. "Visa Debit in Australia is a unique product that combines...
ALEXANDRIA, Va.-NCUA has been granting underserved area group additions at an unprecedented pace this year. In September alone, 20 total groups were approved for 15 federal credit unions creating an additional 1,505,154 new potential members. No applications were denied and 10 were deferred. Additionally, one federal credit union with $130...