DETROIT – Despite working in some of the nation's most economically depressed areas, credit unions that received community development grants performed as well or better than credit unions that did not.
That was one of the conclusions drawn in a report from CUNA and the National Federation of Community Development Credit Unions that compared the two.
Terry Ratigan, senior development consultant for the National Federation researched CDFI Certification: A Building Block for Credit Union Growth, which the organization released Friday at its 40th annual conference.
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