The deadline for having at least started the process for accessing money under the U.S. Treasury's Community Development Capital Initiative program is rapidly approaching.

The first community development credit union that the NCUA has chartered in 2010 is focused on serving the underserved in the community that many see as the home of breakfast cereal in the U.S.

In a deadline shift, the U.S. Treasury has given credit unions certified as Community Development Financial Institutions until April 30 to file applications for Community Development Capital Initiative.

Albert Gonzalez, the hacker whose electronic thievery cost credit unions and other card issuers millions of dollars when he hit the card processor Heartland Payment Systems, received a sentence of twenty years and a day for the Heartland hack attacks.

The U.S. Justice Department has sided in favor of a credit union locked in a legal battle against its state.

Roughly 95% of credit unions that process their credit card transactions with The Members Group have stopped allowing members to go over their card's limits, the processor said.

Fifty-four Texas credit unions will soon have a turnkey payday loan alternative product thanks to the National Credit Union Foundation's REAL Solutions program and the Texas Credit Union League.

While Albert Gonzalez, the convicted ringleader of a major hacking operation that cost credit unions millions of dollars,