Rules took effect Monday and Self-Help FCU sees benefits.
Nine get nearly $1.4 million each. Self-Help FCU gets separate $3 million grant for Healthy Food Financing Initiative.
More details about the opening of Second Federal Credit Union in Chicago have come to light.
Governor, attorney general, NCUA Board member welcome re-opening of a small banking office that has served Chicago neighborhood for 130-plus years.
Residents of Southwest Chicago will have a chance Saturday to witness the opening a credit union which is taking the place of a failed thrift.
Financial education continued to provide the predominant theme underpinning the National Credit Union Foundation's most recent round of grant making, with the NCUF continuing to fund projects that it believes strike at an enduring financial problem effecting a broad swath of American consumers.
The founder of an international microlending bank, which has a United States affiliate that was considering opening a federal credit union in North Carolina, is in the middle of an internal power struggle.
Grameen America, which at one point was considering opening a federal credit union in North Carolina, is coming to the defense of the founder of its international affiliate.
Once exploring the launch of a federal credit union in North Carolina, microlending bank Grameen America will receive a $450,000 grant to help spur small business growth in low income communities there.
Grameen America, once eyeing North Carolina for the launch of a federal credit union, will receive a $450,000 grant to help spur small business growth in low-income communities there.