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.
Since meeting with credit unions and banking groups in North Carolina a year and a half ago, microlending bank Grameen America Inc. has pulled back but not abandoned the idea of pursuing a credit union charter.
Although there has been little movement since buzz started more than a year ago, micro-lending bank Grameen America Inc. said pursuing a credit union charter is still being considered.
The $73 million Self Help Federal Credit Union, the California-based credit union that is an affiliate of the $350 million Self Help Credit Union in North Carolina has gotten a bit bigger.
The $73 million Self Help Federal Credit Union, the California based credit union that is an affiliate of the $350 million Self Help Credit Union in North Carolina, grew even larger after taking over another California credit union at the behest of NCUA.