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ARLINGTON, Va. - TCF Corporation, a Minneapolis, Minnesota-based bank that only issues debit cards has filed a 16-page motion with the judge presiding over the recent settlement between card-giant VISA and MasterCard and retailers. As part of the suit's settlement, VISA and MasterCard agreed to modify they controversial `honor all...

FERNDALE, Mich. - There is no "kids club" at Credit Union ONE, yet for over 15 years the credit union has been quietly building a financial education "empire" in the community. "We just don't have that distinction, we just have the credit union and I guess that is the club,"...

NORTHVILLE TOWNSHIP, Mich. -CreditunionsROCK.comr, a Web site dedicated to helping the "wired generation" become financially savvy consumers, has been renovated. Some of the upgrades include a menu navigation system enabling visitors to find what they need easily and quickly; the High School Central channel, which teaches teens how to read...

LAS VEGAS - There's money to be made in check cashing, and credit unions considering a plunge into the field can expect profit margins ranging from 12-30% with a breakeven level coming within six weeks. That is the assessment of a former check/payday loan executive who spoke on check cashing...

Madison, Wis. and BASEL, Switzerland - Small financial institutions, including credit unions, around the world will have a competitive disadvantage if the provisions under the newly issued "Consultative Document Overview of The New Basel Capital Accord" (Basel II) are finalized, opined the World Council of Credit Unions. The document was...

TALLAHASSEE, Fla. - It's been three weeks since the Florida Credit Union League sent a South Florida daily newspaper, the Sun-Sentinel, a response to an editorial the newspaper ran last month calling for the taxation of large credit unions. The League is still waiting to see its response in print....

COLUMBIA, S.C. - The newest big threat on the Web is the Fizzer worm, which first appeared in the Far East last week and is now spreading through the Internet. Fizzer is considered a back-door Trojan virus, experts said, and spreads via a number of methods, including e-mail attachments and...

LENEXA, Kan. - The $40 billion U.S. Central Credit Union appears to have started 2003 off strong based on its first quarter financials. The corporates' corporate reported fee income of $4.1 million, up $0.4 million from the same period last year. The increase was driven by a rise in ACH...