Clifford Rosenthal, the former CEO of the National Federation of Community Development Credit Unions, has started gathering information about the creation and early days of community development financial institutions.
Trailblazer Award winner awarded grant for pilot project to reach out to immigrants.
Effort aims to highlight the early days and creation of community development financial institutions.
CEO Hank Hubbard shows how his credit union supports one of America's poorest cities.
DETROIT – Payday loans paid off in installments rather in one lump sum are significantly less expensive for consumers, carry less rollover for borrowers, and result in a smaller payday loan industry.
DETROIT – Credit unions considering how best to serve very low income communities may need to look into the details of those members' incomes and financial lives, researchers reported.
DETROIT – A new report says CDFI credit unions compare favorably to mainstream ones in key metrics.
DETROIT – Few of the 900 new low-income credit unions have joined the federation.
The story of how mergers increased a credit union's member value proposition.
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.