Credit unions that want to really succeed at working with low-income members and communities need to embrace doing it, advocates suggested.
The National Federation of Community Development Credit Unions has named one of its former executives, Cathie Mahon, as its new CEO.
Current vice president for programs Pamela Owens takes helm while search ensues for Clifford Rosenthal successor.
Fourteen community development credit union volunteers, with collectively more than 400 years of service to their institutions and communities, have been recognized by the National Federation of Community Development Credit Unions.
Fourteen volunters with more than 400 years of service feted by the National Federation of Community Development Credit Unions.
Personal finance website recognizes 10 CUs for community-focused programs, products and services.
CDCUs stand to benefit from membership opportunity.
Hurricane Irene wreaked havoc on much of the East Coast and continues to inflict great hardship on hundreds of thousands of people.
Eight CDCUs in seven states will share $240,000 in grants to help launch a program for senior citizens.
Fourteen credit unions and organizations that work with credit unions received $1.5 million each from the latest round of awards from the U.S. Treasury's Community Development Financial Institutions Fund. Their totals were part of more $28 million that went to 27 credit unions and supporting organizations.