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Iowa’s Largest CU Sets $500 Million Goal to Close Racial Homeownership Gap

GreenState Credit Union also plans to invest $20 million for targeted community investments.

chart showing racial inequity Source: Shutterstock.

Iowa’s largest credit union has set a new goal of investing $500 million over the next decade to help close the state’s racial homeownership gap.

The $6.8 billion GreenState Credit Union in North Liberty announced last week that this investment includes targeted mortgage lending with the possibility of closing cost or down payment assistance for qualifying members.

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Peter Strozniak

 

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