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...
NCUA Chairman Debbie Matz attended an Aug. 7 meeting in the White House’s Roosevelt Room in which President Barack Obama announced that low-income designated credit union lending would be included in the administration’s latest drought-relief package.
Says serving low-income communities has its challenges, but the additional planning and attention to projections and risk management are worth the effort.
Fourteen community development credit union volunteers, with collectively more than 400 years of service to their institutions and communities, have been recognized by the National Federation of Community Development Credit Unions.
Fourteen volunters with more than 400 years of service feted by the National Federation of Community Development Credit Unions.
Personal finance website recognizes 10 CUs for community-focused programs, products and services.