Deutsche Bank, the multinational bank headquartered in Frankfort, Germany with offices in New York has invested $1 million with the National Federation of Community Development Credit Unions.
The Federation in turn, will deposit with community development credit unions in New York State and California.
The National Federation said the bank had facilities in New York State and California and has asked the money be deposited in CDCUs in those areas, specifically lower income areas in New York City and Oakland, California.
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