Foourteen credit unions and supporting organizations awarded $1.5 million each from Treasury program.
National Federation exploring possibility of aggregating loans to participate in new bond guarantee program.
Bank of America will make $10 million available for deposits in community development credit unions across the country, according to the National Federation of Community Development Credit Unions.
Credit union industry backing of financial literacy series called a key to its survival.
Deposits of capital will help community development credit unions make loans across country.
At $1.1 billion, MECU is nation's second-largest communtiy development credit union after GECU in Texas.
A group of lawyers that proved instrumental in helping credit unions navigate the details of the U.S. Treasury Department's Community Development Capital Initiative loans has recognized community development credit union leader Clifford Rosenthal for his public service leadership.
Community CU leader returns compliments to Lawyers Alliance for New York in enabling small CUs to negotiate federal program.
The National Federation of Community Development Credit Unions has won a grant to be used to help senior citizens reach financial security.
The National Federation of Community Development Credit Unions has joined with some peers to hail recent trends in the field.