Of the nation's 100 million credit union memberships, almost 1/4 are at low-income credit unions.
Review qualitative research about low-income consumers and their financial services needs.
DETROIT – Few of the 900 new low-income credit unions have joined the federation.
NCUA session to focus on products, services targeted to underserved.
More than 800 credit unions have signed up as low-income credit unions in the year since the NCUA launched its ongoing LICU initiative.
NCUA says $80,000 awarded for internships at 22 low-income credit unions in 16 states.
Agency earmarks $80,000 for program, enough for 20 awards of $4,000 each.
You're a newly designated low-income credit union, congratulations! You now have access to tools that can be leveraged for growth and aren't available to all credit unions.
The NCUA will provide state regulators with a list of low-income eligible credit unions through a cooperative effort between the NCUA and NASCUS.