WASHINGTON -- In what has almost become an annual ritual, the Bush Administration has cut the amount of money it wants for the U.S. Treasury Department's Community Development Financial Institutions Fund.

WASHINGTON -- In what has almost become an annual ritual, the Bush Administration has cut the amount of money it wants for the U.S. Treasury Department's Community Development Financial Institutions Fund.

WESTBROOK, Maine. -- Synergent, a payments processing affiliate of the Maine Credit Union League, has announced a deal to provide the ability to offer card processing services to participating CUs.

ST. PETERSBURG, Fla. -- The more than $2 billion Addison Avenue Federal Credit Union, headquartered in Palo Alto, Calif., saw its credit card balances grow by 24% in 2007, on its way to having a $100 million card portfolio.

ST. PETERSBURG, Fla. -- The more than $2 billion Addison Avenue Federal Credit Union, headquartered in Palo Alto, Calif., saw its credit card balances grow by 24% in 2007, on its way to having a $100 million card portfolio.

RANCHO CUCAMONGA, Calif. & TALAHASSEE, Fla. -- The two biggest credit-union owned ATM networks in the U.S. each posted strong years in 2007.

DES MOINES, Iowa -- TMG Financial Services, the CUSO affiliated with the The Members Group, has announced the purchase of its first three credit card portfolios. The acquisition moves TMG into that cluster of credit union owned organizations credit union credit card portfolios.

WASHINGTON -- The U.S. Treasury Department's Community Development Financial Institutions Fund is seeking public comments about the components of what an organization must be and do to be qualified as CDFI.