FRAMINGHAM, Mass. – TJX Cos. announced yesterday that 95% of credit unions and banks affected by the company’s massive data breach had approved a $40.9 million payout to cover costs they incurred to notify customers and reissue cards, giving the go-ahead to the settlement.

DES MOINES, Iowa – A teenager was convicted of robbing three financial institutions within four days last December, including two credit unions, authorities said yesterday.

MOUNTAIN VIEW, Calif. – Intuit’s on-again, off-again deal to acquire the Electronic Clearing House is on again, the two companies announced yesterday.

TAMPA, Fla. – Co-op Financial Services will provide debit card and ATM processing services for USF FCU, according to a five-year agreement the two organizations announced this week.

SANTA ANA, Calif. – Orange County’s CU was awarded a $40,000 grant from the Richard Myles Johnson Foundation to fund financial education through two local community groups.

STATE COLLEGE, Pa. – People with Penn State e-mail addresses are receiving phishing messages purporting to be from Penn State FCU.

MARION, Ind. – Hundreds of area residents picked up discount drug cards at local credit unions and banks Friday, providing them with discounts of as much as 20% on prescription medicine.

SAN FRANCISCO – The Federal Home Loan Bank of San Francisco said it has awarded $1.1 million in affordable housing grants to AEA FCU, which is sponsoring two projects in Yuma, Ariz.

HUNTSVILLE, Ala. – Redstone FCU announced yesterday it has hired Joseph Newberry, a former vice president at the $2 billion credit union, as its new president and CEO.

PENSACOLA, Fla. – Gulf Winds FCU said yesterday it paid its 41,000 members a one-time bonus dividend totaling $1 million.

BILOXI, Miss. – Keesler FCU said yesterday its members will get some help paying for holiday gifts with a bonus dividend amounting to $3.5 million, deposited in their accounts on New Year’s Day.

WASHINGTON – Congress passed legislation Tuesday to protect mortgage borrowers from having to pay taxes on debt forgiven in a bankruptcy or restructuring, which is expected to prompt an increase in bankruptcy filings among troubled homeowners.

DECATUR, Ga. – The Credit Union Loan Source, a CUSO owned by four Georgia credit unions, said yesterday it has selected i-Flex Solution’s Daybreak Lending Suite as its loan servicing and collections platform.

FEDERAL WAY, Wash. --PBS television stations in 31 states have committed to broadcast the BizKid$ TV series sponsored by America’s Credit Unions to teach kids about money.

SOUTH JORDAN, Utah– Utah Central CU joined the West Jordan Rotary Club to provide a dictionary to every one of the third-graders at Welby Elementary School.

ROME, N.Y. – AmeriCU CU’s Ft. Drum Branch partnered with the students, teachers & administrators of local Evans Mills Primary School and the Better Opportunities for Single Soldiers program to create and send out more than 400 holiday cards to soldiers who are overseas this holiday season.

ALBANY, N.Y. – Capital Communications CU, fresh off its fourth merger in three years, said it has acquired property in nearby Cohoes where it plans to build a 10th branch.

OGDEN, Utah – Goldenwest CU announced yesterday it will pay members a bonus dividend amounting to $600,000.

CINCINNATI – General Electric Evendale Employees FCU was approved by NCUA to convert to a state charter to enable it to serve five surrounding counties, the federal regulator reported yesterday.

MARSHALL, Mich. – Ten teenage students will compete for matching deposits from Marshall Community CU as part of the credit union’s "Financially Made" savings contest.