The Obama administration's proposed 2012 budget would cut the Treasury Department's CDFI Fund by just over 9%, according to data supplied by the CDFI Coalition.

Community Plus Federal Credit Union, Rantoul, Ill., has used the money it received under the Community Development Capital Initiative program to increase its auto lending.

Members of credit unions that are members of the Allpoint Network will now have access to surcharge-free ATMs while traveling in Mexico.

NACS, the Association for Convenience and Petroleum Retailing, has urged its members to write the Federal Reserve in support of its cap on debit card interchange.

Card Services for Credit Unions has unveiled a new Web tool designed to help credit unions better market their credit cards.

ATM manufacturer NCR already gets 75% of its earnings from international sales, and the firm said it has put together a sales team to both sustain and grow that market.

The House Appropriations Committee has proposed cutting $197 million from the budget of the Community Development Financial Institutions Fund for this fiscal year.

Some members of the $522 million National Institutes of Health Federal Credit Union have been told the interest rates going forward on their NIHFCU branded credit cards are going up.