ALEXANDRIA, Va.-According to the latest NCUA Regional Director's Actions Taken Under Insurance Report of Activity, credit unions continue to add new potential members in low-income areas. Fourteen credit unions added more than 1.7 million new potential members from 15 underserved areas alone during the month of April. The largest came from Chartway Federal Credit Union of Virginia Beach adding nearly 300,000 new potential members in one underserved addition. Credit unions have added nearly 6.1 million new potential members in underserved areas so far this year.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.