Fintech

NAFCU is expanding its membership to include federally insured, state-chartered credit unions, putting it directly at odds with CUNA, which had previously been the only trade representing both federally and state-chartered institutions.

Green Dot late Monday announced a five-year renewal of a prepaid card contract with Walmart, though the retail giant will get a larger share of revenue.

As NCUA re-examines its field of membership statutes, Credit Union Journal turns to the states to see how the federal charter stacks up against those of the states.The data used to compile this report is from the 2014 Profile of State Credit Union Regulatory Agencies published by National Association of State Credit Union Supervisors, unless otherwise noted.

As NCUA re-examines its own field of membership rules in search of opportunities to make it easier for credit unions to grow, it's not just looking inward. The regulator is also looking toward the 45 states that have CU-enabling statutes of their own.

CUs posted incremental growth in a number of fields in April, with lending, membership and other areas seeing continued increases, according to a new CUNA Mutual report.

U.S. ATM operators still in the process of upgrading to EMV-chip card acceptance must also be ready to accept debit cards with common application identifier coding.

While hosting its second annual community carnival at its Hilliard branch last week, Credit Union of Ohio used the occasion to unveil a new logo and refreshed website.

Financial services technology provider Fiserv has updated its capabilities to handle EMV-chip card production entirely in-house.

Prospera Credit Union said it soon will temporarily be managing daily operations for University of Wisconsin-Oshkosh Credit Union, based 20 miles away in Oshkosh, Wis., while the $25 million CU seeks a new president.

Forget about Bitcoin or other digital currencies. Consumers already have an alternative to cash – reward points – and the fast development of mobile wallets will enable them to spend these points widely.