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sign showing a mentor program Source: Shutterstock.

The NCUA announced Wednesday it has awarded $75,000 in grants to three low-income, minority depository institution credit unions in New Mexico, New York and Georgia to support mentoring programs with larger credit unions.

“Mentoring relationships can help MDI credit unions — particularly those in rural and underserved communities — grow stronger and support their members and communities better,” NCUA Chairman Rodney E. Hood said. “The NCUA’s mentoring program is important to the promoting the broader goal of greater financial inclusion.”

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Jim DuPlessis

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