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.
The National Federation of Community Development Credit Unions has joined with some peers to hail recent trends in the field.