Money from the U.S. Treasury Department’s Community Development Financial Institutions Fund’s latest round of funding will help credit unions offer members alternatives to high cost payday and auto loans, improved savings options, financial education and loans to bring fresh food into neighborhoods that currently do not have any, according to...
Twenty-four credit unions or credit union organizations received grant assistance from the U.S. Treasury Department’s Community Development Financial Institutions Fund in the latest round of funding.
New Orleans credit union plans to use $2 million of grant for low-interest loans to existing grocers to help improve fresh produce inventory.
Community Development Financial Institutions grant $187 million to 210 organizations.
Spokane, Wash.-based CU Strategic Planning won more money for credit unions than any other team of grant writers did, the firm said.
House panel to meet on June 20 and probe the Consumer Financial Protection Bureau’s mandate to combine residential mortgage disclosures.
Appropriations Committee approves 2013 bill that maintains 2012 funding for Community Development Revolving Loan Fund, full CLF borrowing authority.
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.
The National Federation of Community Developing Credit Unions is helping CDCUs organize themselves to take advantage of any opportunity to obtain more government support.
NCUA's Community Development Revolving Loan Fund feels the axe in panel cuts; measure now goes to full House.