Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
SECU launches controlled-spending accountcard
RALEIGH, N.C. (4/7/10)--State Employees' CU, Raleigh, N.C., is offering members a new account/card option to help them manage their spending--a Cash Points Global (CPG) account. Cash Points Global is a controlled spending account with electronic-only access through the card. It has no checks or paper statements. Transactions are limited to the available funds in the account, so there is no risk of nonsufficient fund or overdraft fees, said SECU. The card is ideal for travelers, frequent online shoppers, students and those without a traditional checking account, said the $19.6 billion asset credit union in a press release. The CPG account/card--with a $1 per month fee that is routed to the SECU Foundation, the credit union's charitable giving arm--can be used anywhere a Visa logo is displayed and at any of SECU's 1,100 Cash Points ATMs. Leanne Phelps, senior vice president of SECU's card and record services, said the credit union opened more than 700 CPG accounts before announcing the service to its membership, which indicates a "strong positive response" to the product.


RSS





print
News Now LiveWire
CUNA: CUNA offices closed through Friday, News Now returns Monday http://t.co/a5xbLzQKDj
1 Day ago
Reminder: @CUNA's Madison, D.C. offices will be closed through Friday, open again on Monday. #NewsNow will publish Monday.
1 Day ago
MI dentist to match @CUDirect's $20K to @HurleyMedical as a result of #20for20 online voting http://t.co/hqmIc9LpK1 @CMNHospitals
1 Day ago
New #creditunion chartered in St. Louis - #LutheranFCU - by @TheNCUA http://t.co/faPfANGS0P. Only 3rd new FCU charter this year.
1 Day ago
Don't get hacked during the holidays-use these tips from @CUNA http://t.co/jEqxni6NhO #StoptheDataBreaches http://t.co/woIxPOIyys
1 minutes ago