Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Federation has record year in investments
NEW YORK (2/6/08)--2007 was a record year for the National Federation of Community Development Credit Unions and its Community Development Investments Program, according to year-end numbers. The program, formerly known as the Capitalization Program, celebrated its 25th anniversary in 2007 with a rebranding and the launch of a capital campaign aimed at raising $25 million over three years, to bring total assets under management to just over $50 million. Highlights for 2007 include:
* $10.5 million in Investments and commitments raised in a one-year period; * $8.8 million in new investments in member community development credit unions (CDCUs) in a single year; * $38.4 million in total assets under management; * 121 CDCUs participating in the program; and * 32 investors.
Other Resources

RSS





print
News Now LiveWire
Rep. Jeff Miller (R-Fla.) re-introduced bill to ease veterans' access to loans for #smallbusiness purposes from a #creditunion (HR 1133)
1 hour ago
You can get your subscription to @cuna 's free, daily, online #creditunion #news service News Now here: http://t.co/YtUejEmAYP
1 hour ago
CCUA hosts @TheNASCUS college for #creditunion directors http://t.co/CftpSXDKWx
4 hours ago
#NewsNow CUs as public funds depositories high on Fla. legislative agenda http://t.co/pt5UF4Zutk
4 hours ago
#NationalConsumerProtectionWeek begins Monday. http://t.co/BFLiUN7Twc
5 hours ago