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Submit aIn Post-Durbin Era, Credit Unions Can Take Proactive Steps to Protect Debit Card Revenue
Posted on May 17, 2013
TAMPA, FL (May 17, 2013) With debit industry dynamics fundamentally altered by the Durbin Amendment, credit unions should be aware of strategies to protect their debit card revenue as even exempt issuers will likely be susceptible to reductions in interchange. In light of all of these changes, Card Services for Credit Unions (CSCU) has partnered with First Annapolis Consulting to produce “The Changing Debit Market: Post-Durbin Developments” white paper which describes how the heightened competition for network transaction routing has placed pressure on network pricing. “[...]
0 Read MoreGenisys Receives MCULLAF President’s Award and Gold Star Credit Union Award
Posted on May 17, 2013
AUBURN HILLS, MI (May 17, 2013) Genisys Credit Union, which provides services to anyone who lives or works in the lower peninsula, was recently honored by Michigan credit union political action committees Michigan Credit Union League Legislative Action Fund (referred to as MCULLAF) and the Michigan Credit Union League Action Fund (referred to as MCULAF) for their efforts in raising money. MCULLAF recently presented Genisys with the “Presidents Award”, which is awarded to the credit union that raised the most money in Michigan for the [...]
0 Read MoreNAFCU on CFPB’s Proposed Rule – Defining Larger Participants of the Student Loan Servicing Market
Posted May 17, 2013
May 17, 2013 Monica Jackson Office of the Executive Secretary Consumer Financial Protection Bureau 1700 G Street, NW Washington, DC [...]
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Tari Tucker of Lower Richland High Named Financial Educator of 2013
Posted May 17, 2013
HOPKINS, SC (May 16, 2013) Tari Tucker of Lower Richland High School has been named the Palmetto Citizens Federal Credit [...]
2 Read MoreTRUST Offers New Resource to Help Credit Unions Manage their Investment Portfolios
Posted May 17, 2013
WASHINGTON, DC (May 17, 2013) TRUST, the oldest and largest mutual fund family created for and by credit unions, recently [...]
0 Read MoreEPCOR Announces Payment Systems Award Winner
Posted on May 17, 2013
COLUMBUS, OH (May 15, 2013) EPCOR® - Your Electronic Payments Core of Knowledge today announced that Fifth Third Bank was the recipient of its 2013 Marquis Award. Fifth Third Bank was formally recognized by EPCOR CEO, Ann-Marie Bartels, AAP, for its Fifth Third Financial Empowerment Mobiles (eBus and eBusII) program during the Awards Luncheon of EPCOR Payments Conference – Spring 2013 at the Hilton Columbus/Polaris. The full-size, retrofitted commercial buses travel throughout the Midwest to reach individuals and neighborhoods in low-and moderate-income areas that have [...]
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Michigan Credit Union League Endorses Peters for U.S. Senate
Posted May 17, 2013
LANSING, MI (May 17, 2013) – The Michigan Credit Union League today endorsed Congressman Gary Peters for the U.S. Senate, [...]
27 Read MoreUnited Federal Credit Union Brings Democracy Program to Area Youth
Posted May 17, 2013
ST. JOSEPH, MI (May 17, 2013) United Federal Credit Union (UFCU) joins former Secretary of State Colin Powell, CBS newsman [...]
0 Read MoreCars of Fast and Furious 6: GoBankingRates Reveals Monthly Auto Loan Payments Would Range from $470 to $45,000 to Own One
Posted on May 17, 2013
Fans can see the latest car eye-candy in action when Fast and Furious 6 debuts May 24th. But to see what these vehicles really cost, www.GoBankingRates.com found the worth of five cars of Fast and Furious and calculated monthly payments for an auto loan on each. EL SEGUNDO, CA, May 17, 2013 – In the 12 years since the original film awed audiences with stunt scenes involving beautiful cars driven by beautiful people, the Fast and Furious franchise has grossed an impressive $700 million [...]
6 Read MoreCU*Answers Adds 7th and 8th New Owners for 2013
Posted May 17, 2013
GRAND RAPIDS, MI (May 17, 2013) CU*Answers, the Grand Rapids, Michigan-based cooperative CUSO, announced that it has added two [...]
0 Read MoreNCUA Places First Kingdom Community Federal Credit Union into Conservatorship
Posted on May 16, 2013
Member Deposits Remain Insured up to $250,000 ALEXANDRIA, Va. (May 16, 2013) – The National Credit Union Administration (NCUA) today assumed control of First Kingdom Community Federal Credit Union of Selma, Ala. During the conservatorship, NCUA will work to resolve issues affecting the institution’s safety and soundness. Deposits at First Kingdom Community Federal Credit Union remain protected. Administered by NCUA, the National Credit Union Share Insurance Fund continues to insure individual accounts at First Kingdom Community Federal Credit Union up to $250,000. The [...]
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