ALEXANDRIA, Va. — As part of the Bush Administration's promotion of February 2008 as National African-American History Month, NCUA pointed to its role in helping credit unions offer services and economic support to African-American communities around the nation.
"As we celebrate National African-American History Month by honoring the many important accomplishments of African-Americans throughout our nation's rich history, I appreciate the pro-active role credit unions are playing in empowering African-American communities, particularly in the area of financial literacy and homeownership," stated NCUA Board Chair JoAnn Johnson.
NCUA cited its work with the Community Development Revolving Loan Fund, which, the agency said, helped credit unions working in primarily African American communities have a positive impact.
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