credit unions

Credit union, a type of financial institution similar to a commercial bank, is a member-owned financial cooperative, controlled by its members and operated on a not-for-profit basis.

Source: en.wikipedia.org

Nearly 1 in 5 Big Revolving Credit Users May Choose a Credit Union for Next Card
Nearly 1 in 5 Big Revolving Credit Users May Choose a Credit Union for Next...
December 06, 2023  |  Credit Cards

National banks dominate the U.S. consumer credit card industry, with a strong position that is unlikely to be challenged anytime soon. Get the Full Story...

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PSCU to Provide Card Processing Services to NorState Federal Credit Union
PSCU to Provide Card Processing Services to NorState Federal Credit Union
December 05, 2023  |  Credit Unions

Maine-based NorState Federal Credit Union will receive debit and credit card processing services and support from credit union service organization (CUSO) PSCU. Get the Full...

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25% of Consumers Want Quick Access to Credit Funds
25% of Consumers Want Quick Access to Credit Funds
November 29, 2023  |  Banking

In addition to interest rates and terms, many consumers value the speed with which money becomes available after they apply for a credit product. Get...

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58% of Consumers Consider Convenience When Applying for Credit Products
58% of Consumers Consider Convenience When Applying for Credit Products
November 28, 2023  |  Consumer Insights

Consumers face a multitude of choices when it comes to credit products, and their decision-making process is influenced by several key factors — their assessments...

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Entrust Launches New Digital Account Opening Solution for Financial Institutions
Entrust Launches New Digital Account Opening Solution for Financial Institutions
November 28, 2023  |  Digital Banking

Entrust has launched a new digital account opening solution for banks and credit unions. Get the Full Story Complete the form to unlock this article...

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Elan and VolCorp Launch Card Program for Credit Unions
Elan and VolCorp Launch Card Program for Credit Unions
November 28, 2023  |  Partnerships

Elan Credit Card teamed with VolCorp to launch a credit card program for credit unions. Get the Full Story Complete the form to unlock this...

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Bank Data Silos Need Breaking for Open Banking to Succeed
Bank Data Silos Need Breaking for Open Banking to Succeed
November 22, 2023  |  Digital Banking

Serena Smith, chief client officer at i2c, told PYMNTS that the shift to faster payments and open banking will spur financial institutions to take a...

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Credit-Seeking Consumers Give Credit Unions and Community Banks a Second Look
Credit-Seeking Consumers Give Credit Unions and Community Banks a Second Look
November 21, 2023  |  Credit Unions

National banks dominate the consumer credit space. Still, credit unions and community banks are becoming an increasingly popular choice for issuing credit cards. The share...

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Fed to Raise Payment Services Prices 1.8%, but FedNow Unaffected
Fed to Raise Payment Services Prices 1.8%, but FedNow Unaffected
November 17, 2023  |  Payment Methods

The Federal Reserve Board has announced price changes for 2024 that will raise the price for established, mature services by an average of 1.8%. Get...

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