Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
CSS ICUL Service Corp. team up on prepaid cards
MADISON, Wis. (12/04/09)--Growing needs for prepaid card services and increased staff efficiencies are being addressed by a new alliance between CUNA Strategic Services (CSS) and ICUL Service Corp. ICUL Service Corp. will provide Visa prepaid gift card and reloadable debit card programs for credit unions through the relationship. “Because participating credit unions won’t have the overhead and workload of managing the program, they can focus on selling the prepaid products to their members,” said Wes Millar, CSS senior vice president. “Consumers want these products, and we have designed them so they are simple and easy to understand,” said George Fiegle, ICUL Service Corp. executive vice president and chief operating officer. “The LSC gift card is similar to a traditional gift card but can be used everywhere Visa is accepted instead of a single retailer. "CUMONEY is a reloadable debit card program for which there are a wide variety of applications," he added. "Members can reload the balance themselves over the Internet. Thirty-eight state Leagues have partnered with LSC to promote its gift cards and CU MONEY." ICUL Service Corp. serves more than 2,000 credit unions in 45 states with its CUMONEY product line. CUMONEY is designed as a turnkey agent program in which all fees on the cards have been set, without liability or fraud exposure to credit unions.
Other Resources

RSS print
News Now LiveWire
Stay tuned for coverage of @CUNA's BSA conference which starts Sunday. #CUNABSA #CUNACompliance
3 hours ago
Today's the last day to complete @CUNA's Home Depot data breach survey http://t.co/UcB8G9bVXe #StoptheDataBreaches
4 hours ago
Brenda Davis of Cross Roads Ministries will walk through 83 communities during the Ending Hunger Walking tour. (2 of 2)
5 hours ago
The Ending Hunger Walking tour, coordinated by the Maine CU League, kicked off at Old Maine CU in Augusta today. (1 of 2)
5 hours ago
Darwin Brokke of Citizens Community CU represented the #CU Association of Dakotas at a housing summit hosted by @SenatorHeitkamp
5 hours ago