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The U.S. Treasury Department’s Community Development Financial Institutions Fund has recognized the Baltimore, Md.-based SecurityPlus Federal Credit Union as a CDFI, the credit union announced.

The recognition enables the $365 million SecurityPlus to better serve low- and moderate-income consumers, the credit union said. Benefits of certification include access to financial grants from the CDFI Fund, access to funds from the New Market Tax Credits program and the enhanced ability to raise funds from foundations, corporations and state and local governments.

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