Carolina Foothills FCU plans to funnel a $1.3 million award into its allowance for loan losses.
Bankers say the CU has no business financing a development project due to its tax-exempt status.
Credit union CEO honored by the Opportunity Finance Network says his cooperative's success is more worthy of celebration.
The largest CDFI in the country is now a credit union.
Multimillionaire Bruce Rauner confirms his promise to invest $1M of his fortune in South Side Community FCU's microlending program.
Half use the funds to launch a new product or service, the NCUA says.
The strategy gap between mainstream and low-income credit unions no longer exists.
Loan funds win the majority of community development grant monies, not credit unions.
CEO Hank Hubbard shows how his credit union supports one of America's poorest cities.
Review qualitative research about low-income consumers and their financial services needs.