underbanked

• Credit Unions Now Getting the Hang of CDFI Grant Requests

  By David Morrison  |  February 6, 2013

  As some credit unions around the country gear up to apply for grant money from the U.S. Treasury’s Community Development Financial Institutions Fund, there are indications that credit unions are gradually becoming more sophisticated about navigating the grant writing process.

• MDDCCUA Offers Hispanic Outreach Workshop

  By Marc Rapport  |  January 28, 2013

  Feb. 21 day-long session also can be attended online live or accessed later.

• Hope Credit Union Rolls Out Banking App Aimed at Underbanked

  By David Morrison  |  January 24, 2013

  Mississippi institution says remote deposit checking feature particularly important in areas with sparse brick and mortar options.

• California/Nevada Leagues Report Cites Hispanic Market Opportunities

  By Peter Strozniak  |  January 11, 2013

  Report says opportunities abound to serve under served market.

• CU Strategic Planning Temporarily Shutting Doors to New Clients

  By Natasha Chilingerian  |  January 4, 2013

  Demand for help in seeking Community Development Financial Institutions Fund grants prompts move.

• Bridgeway FCU Recognized as CDFI

  By David Morrison  |  January 2, 2013

  Poughkeepsie, N.Y., credit union earns designation that will help its serve the underserved.

• Coopera, CUANY Land Four Credit Unions for Hispanic Outreach Initiative

  By Marc Rapport  |  December 10, 2012

  Coopera will help the credit unions identify outreach opportunities and create affordable banking alternatives for Hispanic members.

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  CFSI Study Sees CU Opportunities in the Underserved

  By David Morrison  |  November 21, 2012

  A new report from the Center for Financial Services Innovation suggests that products and services marketed to unbanked and underbanked consumers could represent a huge and growing market for the nation’s credit unions.

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  Redstone Launches Check Cashing Alternative

  By David Morrison  |  November 7, 2012

  Alabama credit union says the difference lies in how operation will work to move customers to membership, traditional savings and credit products.

• Financial Services to Unbanked Reflect Potentially Huge, Report Suggests

  By David Morrison  |  November 7, 2012

  Subprime credit cards, payday loans over the Internet among market-leading products.