Changing economic circumstances among its members have led yet another mainstream credit union to the realization that it has effectively become a community development credit union.

In a manner almost eerily reminiscent of the $30 million Communicating Arts Credit Union, the winner of last year’s Credit Union Times Trailblazer Award for Outstanding Service to the Underserved, the $14 million Community Plus Federal Credit Union saw its community’s economic fortunes decline significantly after a local military base closed in 1993. Further, also like Communicating Arts, the credit union decided it had to meet its members where they were–even though that meant learning a host of new skills and applying for new classifications.

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