A renewed push in Puerto Rico to get involved in CDFIs.

Puerto Rico’s cooperativas—the island-guaranteed credit unions—are being urged to seek assistance from a previously untapped source, the Community Development Financial Institution program.

The cooperativas are insured by the territory’s Corporation for the Supervision and Insurance of Cooperatives (COSSEC). These institutions are in addition to the island’s credit unions that are insured by the NCUA.

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David Baumann

Dig Deeper

 

Credit Union Times

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