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DENVER - Payment processing and e-commerce provider First Data Merchant Services, a subsidiary of First Data Corp., has launched direct connections to three of the nation's regional debit networks. First Data's front-end payment processing systems now switch on-line debit point-of-sale transactions directly to the NYCE, Pulse, and Star networks. Plans...

TORONTO - Some credit unions aren't doing all their financial analyses before pricing their products. In fact, some do nothing but react to competitor pricing. CUNA Mutual says it's going to help take the guesswork out of product pricing with its new I-Price solution. CUNA Mutual partnered with Farin &...

LANSING, Mich. - How many people wind up working in professions they earned degrees in? For the first few years after he graduated Wayne State University Law School with a law degree, Gary Mielock worked as a trust officer at Manufacturers National Bank of Detroit. For the last 26 years,...

TAMPA, Fla. - At a time when credit unions were slow to or outright excluded from offering share drafts and credit cards, one trailblazer forged ahead when he learned the credit union he would soon lead was "shamelessly" behind the times. Ask anyone who knows George Hobar, 76, the former...

MADISON, Wis. - Credit unions wanting more flexibility in pinpointing where their investments are structured based on market fluctuations have a new option. The National Credit Union Foundation (NCUF) and U.S. Central Credit Union are offering a three-year fixed rate, fixed term share certificate that will enable credit unions to...

The professional career of NAFCU Services Corporation President Keith Nolan started out with VISA. He spent four years in operations at VISA, and three years in marketing and sales. Nolan then entered the CU industry by joining Payment Systems for Credit Unions in 1989 as senior vice president, Eastern regional...

MEMPHIS, Tenn. - It's inevitable that CU processors will eventually begin moving away from the old mini-computer systems and to a Windows-server approach, says Darryl Tanner, President/CEO of CU core processor Share One here. "We've done it. We're moving from our VMS on DEC equipment to 2000 servers," said Tanner....

AMES, IOWA - A growing membership base, a new regional development plan and a community charter have reordered priorities for one of Iowa's largest credit unions. ISU Community Credit Union had planned to remodel its existing downtown office this year and open a full-service branch next year. But a burst...