New Orleans-area credit union reviewed surveillance footage after member reported cash deposit missing.
Nine get nearly $1.4 million each. Self-Help FCU gets separate $3 million grant for Healthy Food Financing Initiative.
Money from the U.S. Treasury Department’s Community Development Financial Institutions Fund’s latest round of funding will help credit unions offer members alternatives to high cost payday and auto loans, improved savings options, financial education and loans to bring fresh food into neighborhoods that currently do not have any, according to...
New Orleans credit union says 39 small business loans done in first year.
Twenty-four credit unions or credit union organizations received grant assistance from the U.S. Treasury Department’s Community Development Financial Institutions Fund in the latest round of funding.
New Orleans credit union plans to use $2 million of grant for low-interest loans to existing grocers to help improve fresh produce inventory.
An innovative community development credit union that serves the greater New Orleans area is one of 12 financial institutions to receive federal grant money to help improve the quality of food in their areas.
More of the costs left over from failed corporate credit unions will hit most existing credit unions in late September. The NCUA Board approved assessing federally insured credit unions an additional 25 basis points of insured shares to help foot the bill for the Temporary Corporate Credit Union Stabilization Fund.
Kiva.org, the online organization that allows individuals to invest in development micro-loans around the world, has chosen a community development credit union as its field partner for its micro-lending effort in New Orleans.
Micro-loans backed by Kiva would still count against 723 Cap.