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ARLINGTON, Va. - Credit unions thinking of selling their credit card portfolios need to be aware of a portfolio purchaser's fee structure, but not necessarily afraid of it, say card industry executives. "Fees are getting a lot of attention these days because card interest rates are so low and because...

CEFCU, Peoria, Ill., has promoted the following employees: Ken Anderson to records center manager; Amy Barbier to business process analyst; Shay Bruns to Airport member center cash operations manager; Sara Clauser to EFT special projects manager; Gary Densberger to East Peoria member center manager; Kristie James to first mortgage origination...

AUSTIN, Texas- Online banking vendor FundsXpress that it has partnered with VoiceAccess Inc. to offer interactive voice response (IVR) systems to FundsXpress clients. The IVR solution will interface with FundsXpress' core products to provide another remote channel for account holders to conduct transactions and access a wide range of information,...

Power 1 Credit Union President/CEO Henry Prior and his wife Karen had never owned a dog until 11 years ago when their chow Retriever/mutt Bare entered their lives. Karen teaches 5th grade at an inner city school and she noticed a little puppy lying in the dirt on the schoolyard...

At America's 9,600 federally insured credit unions, members are assured that their accounts are backed by the full faith and credit of the U.S. government. No credit union member has ever lost a penny on a federally insured account. If members are well advised, federal insurance coverage can extend far...

ARLINGTON, Va. - The market for different sorts of prepaid cards will likely take off over the next few years, and credit unions will have a number of different opportunities to ride the trend. Over 50 million individuals in 10 million U.S. households do not have either credit cards or...

NEW YORK - Baby boomers, Generation X and Y and now credit unions can you identify your Influentials? A recent RoperASW book titled "The Influentials" suggests there is a new marketing channel out there called the Influentials, which is a powerful consumer segment driving word-of-mouth market interest. Based on 30...

NACHA (The Electronic Payments Association) is a quasi-regulatory body in that it is not a government entity, but those using the Automated Clearing House Network follow its operating rules and business practices. NACHA represents over 12,000 financial institutions and 650 organizations. It establishes ACH and electronic payments rules concerning e-commerce,...