Credit Unions Win 85 of 186 Treasury Capital Awards

The Emergency Capital Investment Program is designed to support lending in minority and/or low-income communities.

By Jim DuPlessis | December 14, 2021 at 05:10 PM

Vice President Kamala Harris and Treasury Secretary Janet Yellen at awards announcement Tuesday. (Photo courtesy of Inclusiv)

Credit unions accounted for nearly half of all financial institutions receiving capital infusions through a Treasury Department program to support their work in low-income communities.

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Lending

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Top 10 Credit Unions: Earnings Rise From Q4 to Q1

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The largest credit unions benefit from lower loan loss provisions, but revenues and loan originations fall.

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