X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

BURLINGTON, Vt. – The $38 million Opportunities Credit Union, formerly the Vermont Development Credit Union, is celebrating the over $62,000 technical assistance grant it received from the U.S. Treasury Department’s Community Development Financial Institutions Fund. The grant will allow Opportunities to consult with specialists on banking policies and information technology, along with marketing their deposit programs and additionally training their staff, the credit union said. “We view this recognition as a further show of confidence in the contributions Opportunities makes in Vermont’s communities and with working families,” said Caryl Stewart, Opportunities President. The award follows a $783,000 investment the CDFI Fund made in Opportunities in 2004 to support fair and affordable manufactured home lending, basic transactions services, and computer infrastructure upgrades. As Vermont Development, Opportunities made a name for itself by being a credit union with a policy of never turning down a loan application but of being willing to work with loan applicants to make sure all become qualified. Opportunities was recognized in 2005 with the NCUF’s Herb Wegner Award for Outstanding Organization.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.