NEW YORK — The National Federation of Community DevelopmentCredit Union's has grown with the addition of two credit unions ofmore than $1 billion in assets.
|The Federation announced that the $2.5 billion United NationsFederal Credit Union, headquartered in Long Island City, and the$1.3 billion Municipal Credit Union, headquartered in New YorkCity, joined out of a desire to support the Federation and to joinwith the Federation's Community Development Partner program thatseeks to link community development and so-called mainstream creditunions in working with lower income and underservedpopulations.
|“We realize the critical importance of the Federation's programsand initiatives. These are activities that strengthen credit unionsserving predominantly low-income markets,” said William Predmore,executive vice president of UN FCU.
|“Partnering with the Federation was a natural progression forMCU,” explained Kam Wong, CEO of MCU, “We've enjoyed a closerelationship often sharing our resources and supporting theirinitiatives throughout the years.”
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? Sign In
© 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.
