Agency earmarks funds to support staff and volunteer training and internship assistance.
The largest CDFI in the country is now a credit union.
Loan funds win the majority of community development grant monies, not credit unions.
DETROIT – A new report says CDFI credit unions compare favorably to mainstream ones in key metrics.
Credit unions can apply for this year's second round of community development grants next month.
Bethpage Federal Credit Union provides grants to 70 high school students to attend a prominent school for the arts this summer.
The NCUA announced Aug. 28 that 126 low-income credit unions are sharing $871,597 from the agency’s 2013 Community Development Revolving Loan Fund’s grant round.
Ford Foundation pledge of $700,000 to fund launch of financial services incubator.
Community Development Revolving Loan Fund grants announced by NCUA.
Grants totaling $124,961 will be used to promote financial literacy through educational curriculum.