You're a newly designated low-income credit union, congratulations! You now have access to tools that can be leveraged for growth and aren't available to all credit unions.
Federation will sponsor session for current and potential low income designated credit unions.
The $73 million, 9,500-member Bridgeway Federal Credit Union in Poughkeepsie, N.Y., has been recognized as a community development financial institution by the Community Development Financial Institutions fund.
Poughkeepsie, N.Y., credit union earns designation that will help its serve the underserved.
State-of-the-art facility to treat bone and joint cases will open for business thanks to financing from HOPE Enterprise Corp./HOPE Credit Union.
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.
Roanoke neighborhood focus of joint effort that includes a new credit union branch.
Community Development Financial Institutions grant $187 million to 210 organizations.
Spokane, Wash.-based CU Strategic Planning won more money for credit unions than any other team of grant writers did, the firm said.
Author Clifford Rosenthal cites limited recognition of credit unions in community development finance during Great Recession.