When it comes to underwriting consumer loans, some community development credit unions have found success by looking at other factors besides credit scores.
Many, if not most, credit unions would balk at the notion of adopting former state prison inmates as potential members. But it should tell you a lot about the 21,000-member $90 million Shreveport Federal Credit Union that the idea met with near universal approval from the first time it was...
The $80 million Shreveport Federal Credit Union, a member of the National Federation of Community Development Credit Unions,
The $80 million Shreveport Federal Credit Union and the National Federation of Community Development Credit Unions said the credit union is apparently close to winning NCUA approval to merge the $5 million First Delta FCU of Marks, Miss.