For the first time, NCUA will make money available to low-income credit unions applying for Community Development Financial Institution status from Treasury's CDFI Fund. The approval process can be lengthy.
Technology upgrades, CDFI certification and summer interns all eligible for funding.
The $311 million Freedom First Credit Union, headquartered in Roanoke, Va., won the $100,000 Next Seed Capital Award from the Opportunity Finance Network.
The $311 million Freedom First won the $100,000 Next Seed Capital Award from the Opportunity Finance Network.
Designation allows Miami credit union to apply for Treasury grants.
Halliburton joined credit union as EVP in 2012, succeeds retired CEO Cindy Barco.
If yours is one of the NCUA’s newly designated low-income credit unions, congratulations.
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.
Lakota Federal Credit Union will be a low-income designated credit union.
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.