The aftermath of the breach of Heartland Payment Systems card data security systems appears to have hit some of its executives in their wallets.

Deutsche Bank, the multinational bank headquartered in Frankfort, Germany with offices in New York has invested $1 million with the National Federation of Community Development Credit Unions.

WASHINGTON -- The U.S. Treasury's Community Development Financial Institutions Fund is almost ready to release the procedures for accessing some of the $100 million that Congress appropriated for the fund as part of the economic stimulus package.

WASHINGTON -- Executives with the U.S. Treasury's CDFI Fund announced that certified community development credit unions will not need to show matching funds in order to qualify for grants from the CDFI fund, at least through 2010.

Three credit unions and two banks have joined together to file a class action lawsuit against Heartland Payment Systems to try to recoup some of the card losses they have taken due to Heartland's card security breach.

The National Federation of Community Development Credit Unions is celebrating the Obama Administration's proposal to double the amount of money appropriated to the U.S. Treasury Department's CDFI Fund.

Analysis of 2008's credit union data showed that credit union members kept using their credit cards in 2008, despite the onset of harder economic times.

A payday loan program offered by the $814 million Nevada Federal Credit Union has started to draw the attention of the mainstream press.