CU Strategic Planning’s Response to New CDFI Certification Requirements Unveiled by the US Treasury
In a significant milestone for credit unions certified as Community Development Financial Institutions…
Bay Federal Credit Union Receives $3.7 Million in Grant Funding to Support Low to Moderate Income Community Members
Bay Federal Credit Union has announced that they received $3.7 million from the U.S. Department of the Treasury…
NCUA and CDFI Hosting Nov. 8 Webinar on Small Dollar Lending Program
Credit unions interested in the Community Development Financial Institutions Fund Small Dollar Loan…
$30M HopeSouth Credit Union Makes its First Mortgage Loan
HopeSouth Credit Union CEO Faye Crocker points out that her credit union’s service area in Abbeville County, SC, has some relatively inexpensive…
Joint Statement from CUNA, NAFCU Responds to CDFI Fund Community Development Advisory Board Recommendations
Credit union association leaders from the Credit Union National Association (CUNA) and National Association of Federally-Insured Credit Unions (NAFCU) issued a joint statement…
CUNA-sought CDFI Reforms in House FY24 FSGG Appropriations Bill
The House Appropriations Subcommittee on Financial Services and General Government FSGG released its FY24 draft bill Wednesday night with several items of interest to credit unions.
North Island Credit Union First Credit Union in San Diego County to Earn CDFI Certification
North Island Credit Union announced today that it is the first credit union in San Diego County to receive certification as a Community Development Financial Institution (CDFI)
California Credit Union Earns CDFI Certification
California Credit Union announced today that it has been certified as a Community Development Financial Institution (CDFI) by the U.S. Treasury Department's CDFI Fund
CUNA, League-Supported Bipartisan CDFI Fund Transparency Bill Introduced
Reps. John Rose, R-Tenn., and Brittany Pettersen, D-Colo., introduced CUNA and League-backed legislation that would require Congressional testimony
Maybe we focus on interest rate caps for predatory lenders, not credit unions
Interest rate caps on already heavily regulated credit unions - while payday and other predatory lenders run roughshod over Americans - makes zero sense. What we should be…
11 Credit Unions Among the First to Receive CDFI Certifications in 2023
While the Treasury’s Community Development Financial Institutions Fund is still in its pause period and hasn’t acceptedany new applicants for CDF
Hopewell Federal Credit Union Earns Community Development Certification
Hard-working members of Licking, Franklin and Delaware Counties have not received the economic opportunities they deserve.
93% of CU Strategic Planning Applicants Win CDFI Equitable Recovery Program Grants
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund awarded grants totaling $1.73 billion to 603 CDFIs
Kitsap Credit Union Expands Its Reach for Those in Need of Financial Assistance with CDFI Designation Grant
Kitsap Credit Union was awarded $660K from the CDFI Fund with help from CU Strategic Planning!
CU Strategic Planning Clients Account for Majority of Credit Union FA Awards from CDFI Fund
CU Strategic Planning announced that the CDFI Fund financial awards applications it facilitated for its credit union clients made up 56% of all Financial Assistance awards to credit unions.
CDFI Advocate & Incoming Telhio CU CEO Advances Credit Union Leadership Diversity
CU Strategic Planning, the leading Community Development Financial Institution-certification and financial award consultants, applauded the $1.38 billion Telhio Credit Union board’s selection of Derrick Bailey as its incoming CEO.
What, Why & Where for CUNA GAC: A Veteran’s Perspective
Big Banks Taking Big Swings – and Misses – in Minority, Underserved Markets
Are the big banks really helping minority communities by offering 0-down mortgages in big cities with high minority populations? CDFI and other credit unions actually do the foundational work in cities and rural areas living in persistent poverty without the big splash.
2022 CDFI Equitable Recovery Program Application Deadline Extended to Sept. 22!
The U.S. Treasury Department’s Community Development Financial Institutions Fund announced it has extended the deadline of its Equitable Recovery Program Application Deadline from Aug. 23 to Sept. 22, 2022, at 11:59 pm ET.
