CUNA reported Tuesday the $1.1 trillion negotiated budget deal worked out by lawmakers in the House and Senate includes money for two programs credit unions use.
The U.S. Treasury's Community Development Financial Institutions Fund reportedly was scheduled to receive $226 million for the Community Development Financial Institutions Fund and $1.2 million for the Community Development Revolving Loan Fund.
"We're delighted that lawmakers took note of our requests that these programs of vital importance to credit unions be funded and carried on," said CUNA President/CEO Bill Cheney. "The efforts that will go forward as a result of this funding will ultimately help more people realize their financial goals through credit unions."
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.
