Community Development Capital

• Rosenthal to Leave Federation and Join Consumer Bureau

  By David Morrison  |  March 11, 2012

  Clifford Rosenthal, CEO of the National Federation of Community Development Credit Unions, is leaving the federation to take a position with the Consumer Financial Protection Bureau.

• Perception and Reality Will Shape Decker’s Fate

  By Sarah Snell Cooke  |  October 30, 2011

  Reaction from around the industry has been highly mixed. In general, a great diversity of thinking exists across the industry as to what’s important and relevant. That’s good. In formulating your own opinions, there are several pieces to consider.

• Perception and Reality Will Shape Decker’s Fate

  By Sarah Snell Cooke  |  October 30, 2011

  The Obama administration announced on Oct. 21 the nomination of Carla M. Decker, CEO of District Government Employees FCU, to replace NCUA Board Member Gigi Hyland, whose term has expired.

• New Inspector General May Oversee Small Business Lending Fund

  By Michelle A. Samaad  |  April 20, 2011

  An inspector general would have oversight of the new $30 billion Small Business Lending Fund if a bill with that proposal becomes law.

• Small Business Lending Fund Bill Promises Oversight

  By Michelle A. Samaad  |  April 8, 2011

  A bill that would provide oversight of the new $30 billion Small Business Lending Fund, including putting an inspector general in charge, has been introduced.

• Rantoul, Ill., Gains Accidental CDCU

  By David Morrison  |  March 2, 2011

  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.

• Federation Eyes Bond Program

  February 16, 2011

  The National Federation of Community Development Credit Unions is investigating whether and how it could use a federal bond program to help CDCUs boost their secondary capital by possibly millions of dollars.

• Rural CDCU Puts CDCI Money Into Auto Loans

  By David Morrison  |  February 15, 2011

  Community Plus Federal Credit Union, Rantoul, Ill., has used the money it received under the Community Development Capital Initiative program to increase its auto lending.

• Federation Exploring Possible $100 Million in Capital for CDCUs

  By David Morrison  |  February 9, 2011

  The National Federation of Community Development Credit Unions is investigating whether and how it could use a federal bond program to help CDCUs boost their secondary capital by possibly millions of dollars.

• CDCUs Starting to Get TARP Money

  By David Morrison  |  September 21, 2010

  Community development credit unions that applied for funds from the Community Development Capital Initiative have started to receive them.