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.
Center to serve rural members on the Hilo side of the Big Island.
Talks already under way with Ninth Ward merchants, CU says.
Foourteen credit unions and supporting organizations awarded $1.5 million each from Treasury program.
The National Federation of Community Developing Credit Unions is helping CDCUs organize themselves to take advantage of any opportunity to obtain more government support.
A Members Group white paper, Missouri reaccreditation and the CDFI Fund all made news this week.
Changing economic circumstances among its members have led yet another mainstream credit union to the realization that it has effectively become a community development credit union.
The gap between politicians that support funding the U.S. Treasury's Community Development Financial Institutions Fund and those who don't may have become the widest ever last week
The Obama administration's proposed 2012 budget would cut the Treasury Department's CDFI Fund by just over 9%, according to data supplied by the CDFI Coalition.