INDIANAPOLIS (7/3/08)--Credit Union Card Center (CUCC), a division of the Indiana Credit Union League’s Servicecorp, will offer Visa Payroll Cards as a prepaid solution. CUCC will partner with Innovative Card Services to offer the cards. The card allows users to have their payroll directly deposited to the card. They can access their funds by ATM, at retailers or through online merchants. The process is similar to using a debit card and saves individuals hundreds of dollars in check-cashing fees, the league said in a release. CUCC provides card processing services for more than 135 credit unions in Indiana, Kentucky, New York and Maryland.
RANCHO CUCAMONGA, Calif. (7/3/08)--CO-OP Financial Services is providing travel and youth reloadable cards, available in Visa and MasterCard, to credit unions. The CO-OP Travel Card is an alternative to traveler’s checks and is designed to build relationships between youth and credit unions, said CO-OP President/CEO Stan Hollen. “Both cards can be used at point-of-sale locations and to get cash at 25,000 surcharge-free CO-OP Network ATMs,” he added. Travel Cards carry load values from $100 to $3,000, and Youth Cards carry value from $20 to $3,000. Both can be sold in-branch by participating credit unions and can be branded with the credit union’s logo. Emergency card or cash replacement is available on the Travel Card within 24 to 48 hours. CO-OP Financial Services is a credit union service organization that provides ATM processing, debit and credit card services, and shared branching to credit unions nationwide. It also offers a network of 25,000 surcharge-free ATMs.