FICO, the source of the FICO Credit Score and Equifax, one of the big three credit reporting agencies, have teamed up to produce a tool to help credit unions and other financial institutions better predict their members' economic behavior.

The Members Group has introduced a tool that its client credit unions can use to analyze their card data at the level of the individual card holder and integrate it into other member data.

PSCU Financial Services, a major payment processing CUSO, announced that its credit union owners will receive a total dividend of $17.9 million dollars from its 2009 operations.

A bill that has passed the state Senate in Vermont that would allow that state's merchants to begin setting minimum purchases for the use of credit and debit cards has drawn praise from retail groups and a lobbying push from the state's credit unions.

Tom Candell, interim executive director of the National Credit Union Foundation said the foundation's new investment relationship is not meant to compete with corporate credit union but to expand the number of investment opportunities for CUs.

Faced with a significant drop in investment income from its Community Investment Fund, the National Credit Union Foundation has found another investment partner.

The $1.3 billion Truliant Federal Credit Union saw a 16% increase in the mortgage loans it closed in March 2010 over March 2009.

Albert Gonzalez, the hacker who led a multinational group of friends and associates through some of the biggest retail hacks of card data in history,