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ST.PETERSBURG, Fla. - For credit unions, there's a new but familiar player in the credit card portfolio sales game - Payment Systems for Credit Unions, Inc. Responding to major issuers targeting credit union credit card portfolios, PSCU is providing CUs a turnkey alternative- the PSCU Portfolio Management Solution. From evaluation...

ARLINGTON, Va. - NAFCU President/CEO Fred Becker agrees 100% with a recent USA Today story that recommended consumers check out credit unions for great rates on CDs - but there's even more consumers should be doing with CUs, says Becker. In a letter published in the July 26 edition of...

WASHINGTON-While NAFCU and NASCUS had staked out their claims in the overhead transfer rate debate, CUNA's position, representing both state chartered, federally-insured and federal chartered credit unions, called for more delicate handling. CUNA Associate General Counsel Mary Dunn said, "[The overhead transfer rate issue] is driving a wedge between state...

WASHINGTON-The Senate Approp- riations Committee approved the VA-HUD and Independent Agencies appropriations bill setting the borrowing cap for the Central Liquidity Facility (CLF) and granting funds to the Community Development Financial Institutions (CDFI) Fund and the Community Development Revolving Loan Fund (CDRLF) Program. The CLF borrowing authority, which has no...

ONTARIO, Calif. - While the IRS is handing out advanced tax refund checks, the CO-OP Network is offering members more surcharge-free ATMs. Through an agreement with St. Paul, Minnesota-based Access Cash International, Inc., a provider of self-service financial products, CO-OP Network's nine million cardholders now have 12,000 surcharge-free ATMs in...

MidWest Financial Credit Union, Ann Arbor, Mich., in conjunction with the Ann Arbor Area Community Foundation has awarded $1,000 educational scholarships to Lawrence Mailloux of Fenton High School and Robert Burns of Hampton University. Scholarship recipients were selected based on academic excellence, community/extracurricular involvement, and an essay response to this...

I appreciate Mike Welch's comments about NAFCU in the July 11 issue of Credit Union Times. I appreciate his clear identification of the mechanism by which all of NAFCU's strengths flow: direct membership. As to his comments on size, this is always a relative matter. As it applies to NAFCU,...

WAUKESHA, Wis. - Blink too long and you may miss George Dalton make another acquisition. Dalton, a co-founder of Fiserv and a big believer in acquiring companies to grow a company, has taken his acquisitive style to the call center industry. Just eight months since forming Call_Solutions, Dalton has led...