The largest awards went to credit unions receiving grants to improve outreach to underserved communities. The 11 credit unions receiving those grants have $4.5 billion in assets and 384,000 members combined. They are:

Holy Rosary Credit Union, Kansas City, Mo. ($23.6 million, 5,199 members) was awarded $100,000.
Lower East Side People's Federal Credit Union, New York ($56.3 million, 8,215 members) was awarded $100,000.
Natco Credit Union, Richmond, Ind. ($90.8 million, 15,695 members) was awarded $100,000.
We Florida Financial Credit Union, Margate, Fla. ($509.2 million, 46,811 members) was awarded $100,000.
Greylock Federal Credit Union, Pittsfield, Mass. ($1.2 billion, 88,593 members) was awarded $100,000.
Dupaco Community Credit Union, Dubuque, Iowa ($1.8 billion, 118,945 members) was awarded $100,000.
Health Care Professionals Federal Credit Union, Richmond, Ind. ($25.3 million, 3,381 members) was awarded $99,000.
Peoples Advantage Federal Credit Union, Petersburg, Va. ($69.7 million, 9,571 members) was awarded $97,700.
Onomea Federal Credit Union, Papaikou, Hawaii ($18.4 million, 1,648 members) was awarded $75,000.
Tampa Bay Federal Credit Union, Tampa, Fla. ($316.7 million, 32,224 members) was awarded $56,042.
Pelican State Credit Union, Baton Rouge, La. ($397.3 million, 54,618 members) was awarded $45,000.

NCUA administers the grants. The latest round is part of $22.8 million Congress has provided to NCUA since 2001 from the Community Development Revolving Loan Fund.

Instant Insights /

NCUA Awards $1.9 Million to Low-Income Credit Unions

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