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

Products
Check image volume up 37 for SVPCO
NEW YORK (1/17/08)--SVPCO, a paper and electronic check exchange business of The Clearing House Payments Company LLC, reported that a record 2.8 billion images, totaling more than $5 trillion, moved through the SVPCO Image Payments Network in 2007. The growth was largely due to seven new network participants, including Members United Corporate FCU in Warrenville, Ill., said Susan Long, Clearing House senior vice president (dBusiness News Jan. 15). The number of image items increased 376% from a year ago, and total dollar volume increased 167%. The number of processing dates was identical--251--in 2006 and 2007, according to SVPCO. In December, SVPCO reported a 179.3% increase in monthly items compared with the year before, and a 102.8% increase in monthly dollar value, compared with December 2006.


RSS





print
News Now LiveWire
Better economic & #CU conditions,leading to higher rates in '15,'16, will boost CU earnings, asset quality,capital http://t.co/rmJvi3MIpQ
2 hours ago
RT @CUNA: Today is the first day of #CUYouthMonth How is your #creditunion celebrating?
7 hours ago
New @FICO score metric expected this week, will include utility payments http://t.co/l0hGhilMqQ
7 hours ago
.@TheNCUA increased supplier diversity in 2014 by 49%, although NCUA’s workforce diversity levels declined slightly.
7 hours ago
Also from FFIEC today, council announces reappointments of Mary Hughes and Lauren Kingry to its State Liaison Committee. 2of2
8 hours ago