Operations

CUs Battled to Offer Share Drafts

January 23, 2009
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LEAD STORY Today payments increasingly are electronic and paper checks less common, according to The 2007 Federal Reserve Payments Study. The volume of checks paid dropped 6.4% from 2003 to 2006, while debit grew 17.5% and automated clearinghouse payments 18.6%. Yet there was a time when credit unions were up...
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