Credit unions live by the philosophy of "People Helping People,” but do they really reach out and help the low- income population, specifically as it relates to mortgages?
Agency says grants going to 127 of 320 applicants in first round of 2014 revolving loan fund awards.
The NCUA announced Aug. 28 that 126 low-income credit unions are sharing $871,597 from the agency’s 2013 Community Development Revolving Loan Fund’s grant round.
Community Development Revolving Loan Fund grants announced by NCUA.
Agency's small credit union office has $9.5 million in Revolving Loan Fund.