BALTIMORE — A $250,000 grant from Citibank will help build a shared platform for CDCUs to use to offer new products and services.
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.
Current vice president for programs Pamela Owens takes helm while search ensues for Clifford Rosenthal successor.
Longtime National Federation director begins new job on May 7.
Rosenthal declined to identify his future employer prior to that organization making an announcement.
Amid the general excitement about Bank Transfer Day, some commentators have urged caution upon credit unions. They have pointed out that small-dollar, single-product new members may not be profitable; that a large influx of deposits may dilute net worth ratios; and that promises that “we’ll never charge you fees” may...
Terri Fowlkes tells Louisiana League session that non-traditional mortgages are particularly important.
Deposits of capital will help community development credit unions make loans across country.
The National Federation of Community Development Credit Unions has won a grant to be used to help senior citizens reach financial security.