Why Debit Will Be Big Focus In Q3 and Q4

Birch, Ray
June 2011
Credit Union Journal;6/6/2011, p22
Trade Publication
The article focuses on the prediction of Velocity Solutions Inc. chief demand deposit account (DDA) strategist Bob Giltner, which states that the slow economic progress will force credit unions (CU) to emphasize debit as a source of revenue.


Related Articles

  • In The End, It's The Checking Account That Is Still Most Important. Birch, Ray // Credit Union Journal;4/11/2011, Vol. 15 Issue 14, p22 

    The article focuses on the insights of consultant Bob Giltner that credit unions (CUs) should strengthen their checking account referral and acquisition programs to increase their revenue.

  • Interchange Cap Impact Pegged at $1M for CUs in Third-Quarter 2012.  // Credit Union Times;2/27/2013, Vol. 24 Issue 8, p14 

    The article reports on a decrease of one million U.S. dollars in U.S. credit unions' cap on debit interchange in the third quarter of 2012 due to the Durbin amendment.

  • Ideas, Tools & Strategies To Take The Most Of Your Online Presence. Blumenfeld, Matt // Credit Union Journal;3/2/2009, Vol. 13 Issue 9, p4 

    The article provides information on the implementation of online banking in credit unions. It offers information on the upcoming Grow Show that will feature My Rewards' consulting partner Bob Giltner, who will show credit unions low and no cost ways to penetrate the online marketplace. It...

  • Solution Addresses One of 2010's Challenges: Reg E Compliance. Birch, Ray // Credit Union Journal;1/4/2010, Vol. 14 Issue 1, p3 

    The article reports on the launch of Velocity Solutions Ltd. on its Reg. E Opt-In Solution which help credit union (CU) members handle opt-in process and select overdraft protection in the U.S. It notes that the company's customizable software solution offers educational tools to teach members...

  • Too Much, Too Late. Park, Jim // Credit Union Journal;8/30/2010, Vol. 14 Issue 35, p28 

    The article reports on the statement of president Jim Park of Credit Union 24 Inc. (CU24) regarding the possible effect of the financial reform bill issued by the government on the elimination of debit reward program among credit unions.

  • Steps To Take In Planning For Reduction In Interchange Income. Birch, Ray // Credit Union Journal;4/4/2011, Vol. 15 Issue 13, p17 

    The article focuses on the advice of Civil Service Credit Union (CSCU) vice president (VP) Bill Lehman on ways to reduce debit interchange revenue including the recognition that processing a lot of checks are more expensive that debit card transactions, increase card penetration to compensate...

  • NW Farmers Selects USERS.  // Credit Union Journal;03/19/2001, Vol. 5 Issue 12, p10 

    Reports developments on credit unions in the United States as of March 2001. Acquisition of the DataSafe In-House information system and access RMS optical system of USERS Inc. by NW Farmer's Insurance Group Federal Credit Union; Introduction of a paper-free member debit authorization solution...

  • Is Your CU Pulling Enough Political Weight? Muñiz, Nate // Credit Union Times;1/12/2011, Vol. 22 Issue 1, p8 

    In this article the author discusses the implications of the potential loss of 70% or more in debit interchange income to credit unions in the U.S. due to the Dodd-Frank Act.

  • Compliance Q&A.  // Credit Union Magazine;Mar2007, Vol. 73 Issue 3, p82 

    The article presents a question and answer article about a credit union requiring a borrower to repay a mortgage via preauthorized recurring debits from the member's share or share draft account. No financial institution or other person may condition an extension of credit to a consumer on the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics