National Federation exploring possibility of aggregating loans to participate in new bond guarantee program.
A group of lawyers that proved instrumental in helping credit unions navigate the details of the U.S. Treasury Department's Community Development Capital Initiative loans has recognized community development credit union leader Clifford Rosenthal for his public service leadership.
Community CU leader returns compliments to Lawyers Alliance for New York in enabling small CUs to negotiate federal program.
The National Federation of Community Development Credit Unions has won a grant to be used to help senior citizens reach financial security.
Mission SF Federal Credit Union of San Francisco has lost its battle to stay independent.
The industry debate over the propriety of the public campaigns of small, deeply troubled inner city credit unions to raise capital among other CUs and the citizenry has generated lively and sometimes strident rhetoric.
NFCDCU President/CEO Clifford Rosenthal calls the Mission SF FCU liquidation an example of regulatory excess.
ASI Federal Credit Union became a low-income credit union before the low-income credit union designation, or even the NCUA, existed.
The U.S. Treasury Department's Community Development Capital Initiative drew a charge of political tampering last week from an economist who has often been critical of programs related to the Troubled Asset Relief Program.
The White House and Congress are starting to recognize the impact community development financial institutions are having in providing affordable housing expansion, small business support and financial services to urban and rural areas.