Credit unions in Utah and across the country are facing higher insurance premiums — the result of federal regulators late last week seizing three wholesale credit unions that were financially hobbled by losses on sub-prime mortgage bonds. The three wholesale credit unions, in Connecticut, Illinois and Texas, were seized by regulators of the National Credit [...]
Tag Archives: Credit Unions
Thu 06/04/2009 - 08:30
(June 3, 2009) The effort to extend PIN debit to Web-based commerce embraced credit unions this week with the announcement by the Credit Union 24 electronic funds transfer network that it will pilot technology from Acculynk Inc., an Atlanta-based software company. The network, which links more than 100,000 ATMs and almost 500,000 point-of-sale locations, wants [...]
