PORT ANGELES, Wash. — The U.S. Treasury Department's Community Development Financial Institutions Fund's most recent round of awards included money for 12 credit unions, according to an announcement from the fund.
The fund made awards of almost $54.2 million to 89 organizations overall. According to the National Federation of Community Development Credit Unions, roughly $5.4 million or about 10% of the money overall went to credit unions, including nine of its members.
The biggest credit union and credit union organization awardees included the $280 million ASI Federal Credit Union, headquartered in the New Orleans-area, the $66 million Latino Community Credit Union, headquartered in Raleigh, N.C., and the federation itself.
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