eFunds and Encore Renew Decade-Long Relationship

Friday 27 February 2004 16:50 CET | News

eFunds has renewed its agreement with decade-long partner, Encore Electronic Services Cooperative, a Credit Union Services Organization, to provide ATM driving, network access, debit card processing and other products to 65 Encore credit union members throughout the United States.

According to the Credit Union National Association (CUNA), credit union membership in the U.S. has been on the rise since the credit union concept first took hold in the early 1940s. CUNA data from June of last year revealed that there are 9,875 credit unions in the U.S., serving 84 million members. Total assets for these credit unions are estimated at $617 billion.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce