Heartland Payment Systems will pay American Express $3.6 million for damages stemming from Heartland's 2008 card data security breach that some have called the largest in history.

Changes in how and why Americans make charitable donations and investments will create opportunities for the National Credit Union Foundation and its supporters, according to the departing executive director of the National Credit Union Foundation.

The courts may wind up adjudicating another aspect of the CU National Mortgage fraud.

Steve Delfin, executive director of the National Credit Union Foundation, will step down from that position on Dec. 31, 2009 to become CEO of America's Charities.

The $1 billion Pacific Service Credit Union, headquartered in Walnut Creek, Calif., has announced that a recent redesign of its card program has reduced the card rates for most of its cardholders.

The U.S. Treasury Department's Community Development Financial Institutions Fund is slated for an increase of $107 million over its 2009 funding level and, most crucially, will drop the so-called "matching funds" requirement.

Credit union credit card programs received a national push on Larry King Live on Dec. 10 when noted consumer advocate Suze Orman promoted the cards and the low interest rates at federally chartered credit unions.

CUNA Strategic Services has teamed up with the ICUL Service Corp to help the CUSOs credit union clients better market their pre-paid card programs.