The $1.1 trillion negotiated budget deal worked out earlier this month by lawmakers in the House and Senate includes money for two programs used by credit unions.
Credit unions talk a good game about wanting to serve low-income populations.
Credit unions talk a good game about wanting to serve low-income populations. But do they really? And would regulators let them?
Nine get nearly $1.4 million each. Self-Help FCU gets separate $3 million grant for Healthy Food Financing Initiative.
Last week Credit Union Times, via CUTimes.com, broke the story that former Oregon Senator Rick Metsger was going to the be the White House’s nominee to fill the vacant seat on the NCUA Board, later confirmed by the administration.
If recent history is any indicator, nomination to the NCUA Board is no assurance of joining the NCUA Board, at least not quickly.
As some credit unions around the country gear up to apply for grant money from the U.S. Treasury’s Community Development Financial Institutions Fund, there are indications that credit unions are gradually becoming more sophisticated about navigating the grant writing process.
Demand for help in seeking Community Development Financial Institutions Fund grants prompts move.
Under the leadership of a new chief executive, the National Federation of Community Development Credit Unions has set its sights on helping the 623 credit unions that have accepted NCUA's offer for a low-income designation take advantage of their new status.
New executive director's focus on helping nearly 700 credit unions newly committed to low-income credit union designation. Get the story early in this print preview.