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As the United States payment card industry moves away from magnetic-stripe credit and debit cards to ones that utilize EMV chips, it’s vital for consumers, businesses and credit unions to get up to speed on the new technology in the coming months.

Firstmark Credit Union promotes its products.

Firstmark Credit Union promotes its products.

CHICAGO—The math behind branch banking—at least based on how many financial institutions currently run their bricks-and-mortar networks–doesn’t work, contends one CEO whose credit union relies heavily on a remote delivery model.

IRVING, N.Y.—A number of officials and others assembled here for the official opening of the country’s newest CU charter, Seneca Nation of Indians FCU.