$4 Million Loan Coming to OnPath FCU to Help Serve Hispanic Communities

The loan comes three months after the credit union lost an appeals court ruling to repay $12 million in CDFI funds.

By Peter Strozniak | October 18, 2023 at 03:16 PM

Money going into a house that looks like a bank

A $4 million JPMorgan Chase loan made to Inclusiv's Racial Equity Investment Fund has been earmarked for the $620 million OnPath Federal Credit Union in Metairie, La., to deepen its capacity to serve Hispanic communities and to continue creating asset building opportunities among other minority groups.

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