As some credit unions around the country gear up to apply for grant money from the U.S. Treasury’s Community Development Financial Institutions Fund, there are indications that credit unions are gradually becoming more sophisticated about navigating the grant writing process.
Mississippi institution says remote deposit checking feature particularly important in areas with sparse brick and mortar options.
Demand for help in seeking Community Development Financial Institutions Fund grants prompts move.
Poughkeepsie, N.Y., credit union earns designation that will help its serve the underserved.
Dallas credit union had $2 million in assets, 743 members.
Financial services experience, location among reasons cited as Inspire Community Development Credit Union gives up the fight in Battle Creek.
The National Federation of Community Development Credit Unions has named one of its former executives, Cathie Mahon, as its new CEO.
New Orleans credit union plans to use $2 million of grant for low-interest loans to existing grocers to help improve fresh produce inventory.
Insurer places $1.25 million in interest-free deposits with three credit unions serving underserved areas.
Fresno, Calif., may have a new community development credit union in its future.