X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Figures in circle around piggy bank Source: Shutterstock

Valley First Credit Union, located in Modesto, Calif., received the designation as a Community Development Financial Institution (CDFI) last week and local officials said they believe this will help the local economy by providing its citizens with financial services to meet the needs of the economically disadvantaged.

“We’re proud and excited to earn this designation on behalf of our communities and the people in them,” Valley First Credit Union President/CEO Kathryn Davis said. “Our mission has always been focused on ensuring we can serve the most people in our communities, and this designation and focus on the underserved groups will take that to a new level.”

Michael Ogden

Editor-in-Chief for CU Times.

More from this author

 

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.