The Golden 1 CU Members Get VisaRebates

March 10, 2005, 1:00 a.m. EST 1 Min Read

Facebook
Twitter
LinkedIn
Email
Show more sharing options
Share Show more sharing options

Register now

SACRAMENTO, Calif. - (03/10/05) -- The Golden 1 CU said it paid morethan $4 million in annual rebates to its VISA card holders onpurchases made for 2004. "Our VISA rebate program is one more wayof showing them how much we appreciate (members') business andcontinued loyalty and support," said CEO Teresa Halleck. The $5billion credit union directly deposited the rebates to members'savings accounts.

Facebook
Twitter
LinkedIn
Email
Show more sharing options
Share Show more sharing options

Reprint

For reprint and licensing requests for this article, click here.

TRENDING

Partner Insights by Neustar

Branded calling increases answer rates

Verify your outbound calls and add your logo, name, location, and more to the mobile phone display.
Partner Insights by Neustar

Reassure customers it’s you calling

Reassure customers that your call is legitimate with verification and enhanced mobile display.
Enforcement actions

Capital One fined $290M for ‘willful’ anti-money-laundering failures

The McLean, Va.-based company admitted that it failed to file suspicious activity reports even in cases when it knew about criminal charges against specific customers. The misconduct took place in a unit that served check-cashing businesses and was later shut down.

By Kevin Wack

January 15

MORE FROM AMERICAN BANKER

Growth strategies

Incoming Citi CEO Fraser signals major changes ahead

Weeks away from succeeding Michael Corbat, Jane Fraser said she’d consider streamlining some units or divesting others as part of her effort to kick-start return on equity.

By Allissa Kline

January 15
Earnings

Wells Fargo pledges to cut $8 billion in overhead. Is it enough?

CEO Charlie Scharf’s long-awaited expense-reduction plan got a chilly reception from investors.

By Kevin Wack

January 15
Chatbot lessons, automated PPP, cross-border M&A: Top stories of the week

South African bank's approach to chatbots offers lessons for U.S. players; small lenders embrace automation for latest PPP round; flush with capital, Canadian banks eye U.S. acquisitions; and more from this week's most-read stories.

January 15
Compliance

Credit union regulator outlines 2021 supervisory priorities

Cybersecurity remains a priority along with CARES Act compliance, flexibility for borrowers impacted by the pandemic and more.

By Ken McCarthy

January 15
Growth strategies

PNC says BBVA deal won’t derail organic growth plans

The Pittsburgh company intends to continue adding commercial offices and retail branches in markets it had been eyeing before agreeing to buy BBVA USA for $11.6 billion.

By Laura Alix

January 15
Enforcement

Former Wells Fargo general counsel fined $3.5 million in OCC settlement

The OCC had hit James Strother and other executives with civil charges a year ago in connection with the bank's phony-accounts scandal. His monetary penalty is lower than what the agency had first floated.

By Brendan Pedersen

January 15