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.
WASHINGTON — Two credit union witnesses voiced disagreements over the impact the Dodd-Frank Act has had on their credit unions when they testified July 19 before the House Financial Services Subcommittee on Oversight and Investigations.
Contrasting views on Dodd-Frank impact at House hearing. See what the CUs had to say in this preview from our July 25 print edition.
Two credit union officials will testify Thursday before the House Financial Services Subcommittee on Oversight and Investigations on the Dodd-Frank Act.
I became interested in credit unions and cooperatives because they are business models that promote economic justice. I was looking for alternative to the traditional banking system that today appears solely to focus on profits over people.
NCUA Board chair says low-income credit unions are growing stronger, lending more than other types of financial institutions.
When it comes to lower income and underserved consumers, the chief challenge facing some mainstream credit unions and banks may not be how to serve them competitively but whether to serve them at all.
Recognition from Treasury Department's Community Development Financial Institutions fund.
Streamlining the charter origination process, improving communication among interested parties and preparing credit union organizers better for the challenge of launching a credit union are all part of what the NCUA and outside groups say will be needed to shorten the amount of time it takes to charter a new,...