Washington -- The U.S. Postal Service should consider fixing its massive budget shortfall by offering financial products such as debit cards, remittances and loans to underbanked consumers, according to a paper issued Monday by the agency's Office of the Inspector General.

CLEVELAND -- Firefighters Community CU will convert its credit card base to EMV early this year, distributing 5,400 chip cards to members.

Michaels is investigating a possible data security attack, CEO Chuck Rubin said in a letter to customers.

WASHINGTON -- EMV-enabled credit and debit cards wouldn't have prevented the Target data breach in the United States because the information theft occurred in the retailer's servers, the Credit Union National Association said Monday in a letter to Congress and in comments to the press.

A look at Credit Union Journal partners that will be a part of CUNA's upcoming GAC.

ALEXANDRIA, Va. -- Pentagon FCU continues to expand its real estate CUSO, a move the CU says is enhancing member service and solidifying long-term relationships.

CHARLOTTESVILLE, Va. -- Banks are reducing their number of branches to increase efficiency and boost sluggish revenue growth, according to a new report from SNL Financial.

NCUA took over the daily operations of Parsons Pittsburg Credit Union Friday and said it will work with the Kansas Department of Credit Unions to resolve the troubles at the $13.5 million credit union.

A selection of images featuring credit unions' efforts in their communities.

WASHINGTON -- CUNA slammed NCUA over proposed requirements for contacts with federal credit unions -- labeling the rule unnecessary, unjustified and driven largely by a desire for "examiner convenience."

WASHINGTON -- After reviewing the proposed new rule on risk-based capital introduced at Thursday's NCUA's board meeting, CUNA is not changing its stance that credit unions do not need reform that increases their capital burdens.

MADISON, Wis. -- In addition to carefully vetting all new hires, Joette Colletts, senior manager of risk management at CUNA Mutual Group in Madison, Wis., said establishing a written fraud policy is also extremely important.

BROOKFIELD, Wis. -- The Target data breach has financial institutions focused on payments and considering their options to fight cyber crime.

If you've just returned from your year-long trip to Mars, you'll be comforted to find that Twitter is making an offering of stock to the public and Jamie Dimon of Chase is making a sacrificial offering to the regulators in the form of $13 billion plus of shareholders' money, while holding a reserve pot of $23 billion for all settlements.

In the wake of December's Target breach, credit unions are feeling uneasy.

YORK, Pa. -- A parolee is back in jail after attempting to defraud a credit union in order to pay back debts incurred during a previous prison term.

FORT LAUDERDALE, Fla. -- The volume of Distributed Denial of Service (DDoS) attacks rose again in 2013, topping a list of DDoS attack trends released last week by Prolexic Technologies.

For Welcome to Moe's Inc., a franchisee of Moe's Southwest Grill, migrating to iMobile3's PassMarket mobile loyalty program improved customer engagement and reduced the fraud that ran rampant with an earlier paper-based loyalty program.

DENVER -- Credit unions need to adjust how they communicate with members and work with them on card fraud issues, say cyber security experts who expect the number of data breaches to increase.

ALEXANDRIA, Va. -- Cybersecurity risk is set to be a critical area of focus for NCUA in 2014.