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My first reaction when I heard about the letter CUNA CEO Dan Mica very quietly sent to the CEOs of the 100 largest banks pointing out to them that their banking association dues money could be put to more productive use than bashing credit unions, I thought it was a...

GLASTONBURY, Conn. - Open Solutions Inc. said seven clients it acquired with the purchase of Liberty FiTECH have committed to OSI's e-commerce suite of Internet banking and cash management solutions. The new users of e-Commerce Banker, which includes features for personal and business accounts, will be $17 million 1st Choice...

HUNTSVILLE, Ala. - Move over newsletters - Redstone Federal Credit Union is debuting a new magazine called Connections. Designed to replace the credit union's existing newsletters, over 150,000 copies of the 16-page, inaugural issue have been delivered to households in the Tennessee Valley area with articles geared toward providing members...

ST. LOUIS, Mo. - There is a changing of the youth club mascot guard at Arsenal Credit Union. After some 10 years longtime Kids Club Mascot Kirby Kangaroo has "moved" on and a new mascot Tracker the Basset Hound is taking his place. While it is challenging to make such...

MIDDLETON, Wis.-Management salaries at Pennsylvania's credit unions fall significantly short of national averages while salaries for non-management positions remain on par with or above national averages. This is according to results of a survey conducted by HRValue Group, a human resource consulting firm specializing in work for credit unions and...

In many ways, the last few years have not been easy ones for credit card issuers. The weak economy has caused a number of problems. Consumers weren't willing to spend as much or borrow, issuers wrote off more accounts and the competition for good cardholders did nothing but intensify. These...

BEREA, Ky. - The $15 million Appalachian Federal Credit Union, headquartered in Berea, will open a new branch in Monticello, Kentucky, on August 25th. The new branch will serve people who live in Clinton, Wayne and McCreary counties. The credit union credited grants from the National Credit Union Foundation, the...

DALLAS - American Express, getting out of the ATM business, has sold the remaining part of its ATM fleet to the 7-Eleven convenience store chain, 7-Eleven announced recently. 7-Eleven paid $44 million for the ATM machines offered in 5,483 company-operated, franchised and licensed 7-Eleven stores in the United States. "ATM...