More than $1.7 billion is available for grants to credit unions and other financial institutions designated as community development financial institutions (CDFIs) to help communities recovering from the coronavirus pandemic if the institutions apply by […]
A “streamlined” application process is being phased out for credit unions eligible to be certified as a community development financial institution (CDFI), the federal credit union regulator said Thursday. Instead, the National Credit Union Administration […]
A new Office of Minority and Community Development Banking to support the agency’s ongoing engagement with minority depository institutions (MDIs), community development financial institutions (CDFIs), and other “mission-driven” banks was announced Tuesday by the chairman […]
Credit unions seeking certification as community development financial institutions (CDFIs) can apply for a streamlined qualification process at the National Credit Union Administration (NCUA) between Sept. 12 and Oct. 15, the agency said Wednesday. Credit […]
A new federal credit union (FCU) sponsored by a community development financial institution (CDFI) has been chartered to serve the approximately 550,000-person community of Lancaster County in Lancaster, Pa., the National Credit Union Administration (NCUA) […]
The small-dollar loan program related to credit unions of the Treasury’s Community Development Financial Institution (CDFI) Fund is the subject of a webinar planned for May 27 by the CDFI and the federal credit union […]
The stand-up of the Mission-Driven Bank Fund by the federal agency that insures bank deposits has made some strides, with a financial advisor and two law firms now engaged to develop the fund’s framework, structure, […]
Emphasizing the importance of inclusivity within the credit union community to blunt the economic effects of the pandemic, the chairman of the federal credit union regulatory agency on Tuesday encouraged credit unions to submit applications […]
Federally insured credit unions (FICUs) designated as “low-income” by the National Credit Union Administration (NCUA) can apply to the agency’s streamlined qualification process created to smooth the way to community development financial institution (CDFI) certification […]
Experienced financial advising firms are being sought to develop a structure and “operational aspect” for the new “Mission-Driven Bank Fund” being established by the federal insurer of bank deposits to assist minority depository and community […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info