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Black Friday debit spending was up 12% this year over the last two holiday spending sprees-good news for CUs hoping that debit transaction volume can continue to offset falling swipe fees.
By Ray BirchDecember 27 -
CUNA is urging credit unions to keep a tally of their costs from the Target breach, and plans to open a data collection website next week where CUs can report their numbers.
By Ray BirchDecember 27 -
ARLINGTON, Va. - CUNA is guardedly optimistic that credit unions' regulatory load will lighten in 2014, while NAFCU feels it will be another busy year. But both trade associations agree that capital reform will be one of the biggest regulatory issues addressed in 2014.
By Ray BirchDecember 26 -
A man, wearing a red and white Santa cap and a beard made of cotton balls robbed the University FCU's office at 2755 S. Redwood Road, according to authorities who said the man escaped with an undisclosed amount of money.
By Ray BirchDecember 26 -
Family Focus FCU is helping members whose debit cards have been blocked due to the Target breach still receive 24/7 access to their money.
By Ray BirchDecember 26 -
DJIBIUTI, Africa -- Navy FCU has opened a new branch in Djibouti, Africa, to serve more than 4,000 military personnel stationed at Camp Lemonnier here.
By Ray BirchDecember 24 -
NEW YORK -- As the year winds down, consumer credit quality remains healthy, as the latest data shows stability in national default rates through November.
By Ray BirchDecember 24 -
TALLAHASSEE, Fla. -- The League of Southeastern Credit Unions & Affiliates (LSCU) has moved its Tallahassee offices across town, saying the change will save $2 million.
By Ray BirchDecember 24 -
CINCINNATI -- Another sign that consumer interest in leasing is picking up, a new website has been launched that features dealer lease offers across the country.
By Ray BirchDecember 24 -
OMAHA, Neb. -- Family Focus FCU is helping members whose debit cards have been blocked due to the Target breach still receive 24/7 access to their money.
By Ray BirchDecember 24 -
WICHITA FALLS, Texas -- Wichita Falls Teachers FCU has identified 400 members affected by the massive Target breach and was working hard Friday to reach them.
By Ray BirchDecember 23 -
ARLINGTON, Va. -- As more details about the massive Target data breach trickle in, NAFCU and CUNA are taking aim at retailers to help prevent another large theft of consumer data.
By Ray BirchDecember 23 -
MIDLAND, Mich. Dow Chemical Employees' CU is giving back $11 million in member rebates this year, a record for the credit union.
By Ray BirchDecember 23 -
IDAHO FALLS, Idaho -- East Idaho Credit Union has shut down hundreds of its members' debit cards due to the Target breach
By Ray BirchDecember 20 -
WASHINGTON -- Credit and debit cards now account for more than two-thirds of all noncash payments, according to the just-released 2013 Federal Reserve Payments Study.
By Ray BirchDecember 20 -
ST. JOSEPH, Mich. -- United FCU is removing daily stress from employee's lives, giving them access to new concierge services.
By Ray BirchDecember 20 -
ATLANTA -- The Affordable Care Act (ACA) created a great deal of uncertainty among credit unions this year about the future of employee healthcare.
By Ray BirchDecember 20 -
CHARLES CITY, Iowa -- Member efforts to change leadership at Family Community Credit Union appear to have been checked.
By Ray BirchDecember 20 -
WASHINGTON -- The Durbin Amendment's sting, for the majority of credit unions, continued to be less painful than expected throughout 2013.
By Ray BirchDecember 20 -
WASHINGTON -- President Barack Obama announced last week that he intends to nominate Mark McWatters to fill the third seat on the NCUA board.
By Ray BirchDecember 20