Community Development Financial Institution

Ins and Outs of Using Low-Income Designation

By Scott Butterfield | April 10, 2013

If yours is one of the NCUA’s newly designated low-income credit unions, congratulations.
A Lot of LICU Designations: A Lot of Possibilities

By Scott Butterfield | March 12, 2013

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.
Pine Ridge Reservation in South Dakota Gets FCU Charter No. 2 for 2012

By Marc Rapport | August 29, 2012

Lakota Federal Credit Union will be a low-income designated credit union.
Washington: Evergreen State Credit Unions’ ROAA Lives Up to Nickname

By Candice Reed | August 24, 2012

Credit unions in Washington state got hit hard like everywhere else, NCUA statistics show, but higher-than-average ROAA helped make up for their lower aggregate capital.
Washington: Evergreen State Credit Unions’ ROAA Lives Up to Nickname

By Candice Green | August 24, 2012

Credit unions in Washington state got hit hard like everywhere else, NCUA statistics show, but higher-than-average ROAA helped make up for their lower aggregate capital.
CUNA Mutual Deposits $1.25 Million in California CDCUs

By David Morrison | July 9, 2012

Insurer places $1.25 million in interest-free deposits with three credit unions serving underserved areas.
New Green Energy FCU Organizing

By Marc Rapport | June 6, 2012

NCUA has approved FOM for new Green Energy Federal Credit Union, its organizer and sponsor said, with initial push among network of contractors.
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.