TALLAHASSEE, Fla. - A link with Midwest Payment Systems now gives over 200 Midwest and Northeastern MPS processed credit unions access to the Credit Union 24 Network. The new link will give CU 24 network participants access at such retail stores as Walgreens, Eckerds and Kroger. MPS processes more than...
Much of what affects credit unions either starts or ends in the Washington, D.C. metropolitan area. CUNA's Washington headquarters are within D.C. city limits and NCUA and NAFCU are headquartered just outside the city in Northern, Va.. Of course Congress, where credit unions have become a lobbying force, is often...
SYDNEY, Australia - If people die in Australia without a will, the State will make the decision on how property is distributed. According to a recent study, the Credit Union Services Corporation of Australia, Ltd. (CUSCAL) discovered that four of every 10 people do not have a will. CUSCAL commissioned...
RALEIGH, N.C. - More than 1,000 check-cashing outlets here were recently ordered to stop accepting post-dated checks and delayed deposits for payday loan transactions as state lawmakers failed to reach a compromise that would satisfy both the check cashing industry and consumer groups. General statute 53-281 of the Check Cashing...
SYDNEY, Australia - Credit unions down under can crow as they read about a new study on financial service customer satisfaction. Not only are they highly rated, they are winning the battle. The research is done periodically by a group called Eureka. They report that only one in four customers...
Credit union credit card firms like Payment Systems for Credit Unions, Card Systems for Credit Unions and TNB Card Services have long been urging credit unions to stay in the credit/debit card game to take advantage of increased member loyalty and branding opportunities stemming from a strong plastic program. From...
SALT LAKE CITY - Credit union core processor Computer Consultants Corporation (www.cccorp.com) has announced that both its Mercury and Director 4 credit union information software systems are now fully compatible with Microsoft's new Windows XP operating system. New Mercury or Mercury-On-Demand users are free to choose hardware with either Windows...
WAUKESHA, Wis. - It has only been six months since Landmark Credit Union opened its first in-store branch in a Milwaukee Wal-Mart store, but it has already exceeded $4 million in savings accounts. The original goal was to reach $4 million by the end of the year. International Banking Technologies...
ALEXANDRIA, Va.-In a letter to credit unions (01-FCU-06), NCUA said that an FDIC-sponsored financial education program, called `Money Smart' is a good guide for credit unions to offer their members. Though the program is not credit union specific, because there are not copyright restrictions, it may be adapted to better...
ALEXANDRIA, Va.-Under the Gramm-Leach-Bliley Act, NCUA was required to provide guidance to credit unions regarding the unauthorized disclosure of financial information. To that end, NCUA has developed its Guidance on Identity Theft and Pretext Calling to protect credit union members from these types of fraud. The guidance summarizes pertinent laws;...