Fourteen community development credit union volunteers, with collectively more than 400 years of service to their institutions and communities, have been recognized by the National Federation of Community Development Credit Unions.
The National Federation of Community Development Credit Unions announced a new program designed to help New York City area CDCUs offer payday loan alternatives last week.
Small NYC credit unions to be first to offer "Borrow and Save" loans.
Organization to offer loan-savings program to New York CDCUs.
Eight CDCUs in seven states will share $240,000 in grants to help launch a program for senior citizens.
The National Federation of Community Developing Credit Unions is helping CDCUs organize themselves to take advantage of any opportunity to obtain more government support.
National Federation exploring possibility of aggregating loans to participate in new bond guarantee program.
Bank of America will make $10 million available for deposits in community development credit unions across the country, according to the National Federation of Community Development Credit Unions.
Deposits of capital will help community development credit unions make loans across country.
At $1.1 billion, MECU is nation's second-largest communtiy development credit union after GECU in Texas.