DETROIT – Credit unions considering how best to serve very low income communities may need to look into the details of those members' incomes and financial lives, researchers reported.
DETROIT – Few of the 900 new low-income credit unions have joined the federation.
This Opinion piece urges low-income credit unions to apply for NCUA funding and CDFI certification.
Agency says more than 2,000 credit unions now carry low income designation.
Agency accepting nominations for free help from its Office of Small Credit Union Initiatives.
Up to $24.000 for collaboration; $15,000 for new product or service development.
Agency says grant, to be used to improve talent management, is largest offered yet to LICUs.
Under the leadership of a new chief executive, the National Federation of Community Development Credit Unions has set its sights on helping the 623 credit unions that have accepted NCUA's offer for a low-income designation take advantage of their new status.
New executive director's focus on helping nearly 700 credit unions newly committed to low-income credit union designation. Get the story early in this print preview.