CDCU

• Death Adds to Mystery Around Shiloh of Alexandria FCU

  By Heather Anderson  |  April 24, 2013

  The NCUA’s official reason for liquidating the $2.4 million Shiloh of Alexandria FCU on April 12 is that the community development credit union was insolvent and had no prospect for restoring viable operations.

• Shiloh of Alexandria’s Manager Died Just Before NCUA Liquidation

  By Heather Anderson  |  April 16, 2013

  John Dupree Jr. died at age 48 on April 4, the day before the NCUA liquidated his Alexandria, Va., CDCU.

• Variety of Factors Led to Michigan CDCU Merger

  By David Morrison  |  September 17, 2012

  Financial services experience, location among reasons cited as Inspire Community Development Credit Union gives up the fight in Battle Creek.

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  CDFI Awards Seek to Make Big Impact on Underserved

  By David Morrison  |  August 27, 2012

  Money from the U.S. Treasury Department’s Community Development Financial Institutions Fund’s latest round of funding will help credit unions offer members alternatives to high cost payday and auto loans, improved savings options, financial education and loans to bring fresh food into neighborhoods that currently do not have any, according to...

• Federal Reserve Bank Publishes CDCU Study

  By David Morrison  |  March 15, 2012

  Author Clifford Rosenthal cites limited recognition of credit unions in community development finance during Great Recession.

• NCUA Conserves CDCU

  January 16, 2012

  Seven weeks after slapping it with a cease-and-desist order, the NCUA has placed Philadelphia’s People for People Community Development Credit Union into conservatorship.

• NCUA Conserves Philadelphia CDCU

  By Marc Rapport  |  January 6, 2012

  NCUA ends first week of 2012 with first conservatorship of year: Philadelphia's People for People CDCU.

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  Hawaii First Opens Second Community Resource Center

  By Staff Writer  |  November 18, 2011

  Center to serve rural members on the Hilo side of the Big Island.

• CDCUs Seek Treasury Funding Approaching

  By David Morrison  |  July 17, 2011

  The National Federation of Community Developing Credit Unions is helping CDCUs organize themselves to take advantage of any opportunity to obtain more government support.

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  MECU of Baltimore Recognized as CDFI

  By David Morrison  |  June 3, 2011

  At $1.1 billion, MECU is nation's second-largest communtiy development credit union after GECU in Texas.