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.
Federation will sponsor session for current and potential low income designated credit unions.
Agency's small credit union office has $9.5 million in Revolving Loan Fund.
The NCUA will hold a free webinar at 2 p.m. on Wednesday, Jan. 23, on ways that low-income designated credit unions can better serve.