Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Pacul Services offers loyalty rebate
HARRISBURG, Pa. (12/30/10)--Pennsylvania Credit Union Association member credit unions will receive a $500,000 “loyalty rebate” from the league’s credit union service organization (Life is a Highway Dec. 29). The payment from Pacul Services was calculated based on assets and will be allocated using a formula that returns 18 basis points with a minimum rebate of $100 for smaller credit unions. In the aggregate, Pacul Services will return almost $500,000 of the projected $1 million it earned in 2010. In addition to providing rebates to all member credit unions, the Pacul Services board of directors also authorized a $20,000 contribution to the Pennsylvania Credit Union Foundation to establish a fund for educational assistance for small credit unions.


RSS





print
News Now LiveWire
#NewsNow Iowa loan growth 3 times national bank rate http://t.co/fUvudPLg5d
1 hours ago
.@ICBA tallies its Home Depot data breach costs: $90M, 7.5M cards http://t.co/iJgRDC2AKZ
2 hours ago
.@icul's Jury elected treasurer of @WOCCU exec committee http://t.co/HEF1UChN8f
3 hours ago
Data breach fatigue? No wonder: 45% of Americans said they had received breach notification from retailer/card-issuer http://t.co/gRIuZanUNQ
5 hours ago
Season's greetings from playlists to cookies #NewsNow http://t.co/5gu8nrCoyL
5 hours ago