financial-institutions

Credit card debt cuts may be write-offs

The substantial drop in credit card debt in the United Statessince early 2009 has been widely attributed to newly frugalconsumers. But analysts say that a significant portion of thedecline is actually the result of financial institutions’ writingoff billions of dollars in credit card debt as losses.

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Credit card debt cuts may be write-offs

financial-institutions

Credit union offers new service

San Diego County Credit Union, with a branch in Solana Beach, recently introduced ZashPay, a payment service that allows customers to send and receive money electronically using a mobile phone number or e-mail address. ZashPay is offered to financial institutions in the U.S. by Fiserv Inc., a provider of information management and electronic commerce systems for the financial services industry …

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Credit union offers new service

financial-institutions

Magnolia Federal Credit Union Now Offers Kasasa Tunes

Magnolia Federal Credit Union, one of the first financial institutions in the country to launch Kasasa, the first and only collection of checking and savings accounts that actually takes an interest in account holders, today introduces the most innovative account on the market, Kasasa Tunes.

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Magnolia Federal Credit Union Now Offers Kasasa Tunes