U.S. Treasury Department's Community Development Financial Institutions Fund

• CDCUs Starting to Get TARP Money

  By David Morrison  |  September 21, 2010

  Community development credit unions that applied for funds from the Community Development Capital Initiative have started to receive them.

• CDFI Fund Awards Almost $13 Million to Community Development CUs

  By David Morrison  |  September 8, 2010

  The U.S. Treasury Department's Community Development Financial Institutions Fund has announced it will make almost $13 million available to qualified community development credit unions.

• CDCUs Awarded Almost $13 Million From CDFI Fund

  By David Morrison  |  August 20, 2010

  Twenty community development credit unions have received grants in the latest funding from the U.S. Treasury Department's Community Development Financial Institutions Fund.

• CDFI Fund to Make Award Announcement at CDCU

  By David Morrison  |  August 18, 2010

  Donna Gambrell, director of the U.S. Treasury Department's Community Development Financial Institutions Fund will announce new Technical Assistance and Financial Assistance Awards at a community development credit union.

• Kappa Alpha Psi FCU Declines to Go Quietly, Brings Suit Against the NCUA

  By David Morrison  |  August 18, 2010

  Kappa Alpha Psi Federal Credit Union, a predominantly African-American community development credit union headquartered in Addison, Texas, is fighting an NCUA liquidation order in court.

• Obama Administration Requests $250 Million for CDFI Fund

  By David Morrison  |  February 1, 2010

  A review of budget documents suggests the Obama Administration is seeking a $250 million allocation for the U.S. Treasury Department's Community Development Financial Institutions Fund for fiscal year 2011.

• Almost 20% of CDFIs Are Now CUs or CUSOs

  By David Morrison  |  January 19, 2010

  The U.S. Treasury Department's Community Development Financial Institutions Fund has recognized five more credit unions and one CUSO as CDFIs.