The NCUA’s official reason for liquidating the $2.4 million Shiloh of Alexandria FCU on April 12 is that the community development credit union was insolvent and had no prospect for restoring viable operations.
John Dupree Jr. died at age 48 on April 4, the day before the NCUA liquidated his Alexandria, Va., CDCU.
Financial services experience, location among reasons cited as Inspire Community Development Credit Union gives up the fight in Battle Creek.
Money from the U.S. Treasury Department’s Community Development Financial Institutions Fund’s latest round of funding will help credit unions offer members alternatives to high cost payday and auto loans, improved savings options, financial education and loans to bring fresh food into neighborhoods that currently do not have any, according to...
Author Clifford Rosenthal cites limited recognition of credit unions in community development finance during Great Recession.
Seven weeks after slapping it with a cease-and-desist order, the NCUA has placed Philadelphia’s People for People Community Development Credit Union into conservatorship.
NCUA ends first week of 2012 with first conservatorship of year: Philadelphia's People for People CDCU.
Center to serve rural members on the Hilo side of the Big Island.
The National Federation of Community Developing Credit Unions is helping CDCUs organize themselves to take advantage of any opportunity to obtain more government support.
At $1.1 billion, MECU is nation's second-largest communtiy development credit union after GECU in Texas.