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

Washington
CDFI Fund certifies 11 new CUs
WASHINGTON (12/17/09)--The U.S. Treasury Department’s Community Development Financial Institutions (CDFI) Fund has announced that 11 credit unions have been certified as CDFIs during the fund’s most recent round of certifications, which took place between August and November of this year. The newly certified credit unions are Brewton Mill FCU, Fairfax County FCU, First Peoples Community FCU, Kerr County FCU, Maine Highlands FCU, Marvel City FCU, NCI Community Development CU, New Covenant Dominion FCU, New Pilgrim FCU, Table Rock FCU, and Union Baptist Church FCU. All of the credit unions serve low-income communities or other various groups in their states, which include Alabama, Indiana, Maryland, Maine, Missouri, New York, Texas, and Virginia. A total of 160 credit unions are currently certified under the CDFI program, which helps locally based financial institutions offer small business, consumer and home loans in communities and populations that lack access to affordable credit. The program added a total of 34 new certified CDFIs between August and November of this year. The new CDFIs are spread throughout the country, with headquarters in Alabama, Arkansas, California, Colorado, Washington D.C., Illinois, Indiana, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, North Carolina, New Hampshire, New York, Ohio, Pennsylvania, Texas, Virginia and Washington. The CDFI program will make a total of $113 million in funding available in 2010.


RSS





print
News Now LiveWire
Home prices rising faster than wages: @RealtyTrac #NewsNow #Market http://t.co/wa74mnw3Cu
16 minutes ago
.@Nussle dropped by the @ACUMuseum recently. Read about his visit http://t.co/bYe8RRgYLP
1 hour ago
.@PCISSC issues new pen test guidelines for businesses to identify network vulnerabilities @CUinfosecurity http://t.co/ENeGTPSMjf
2 hours ago
#Georgia credit union parity bill awaits signature from @NathanDeal http://t.co/zbS4IZsOp6
2 hours ago
IRS @IRSnews to offer April 8 webinar on UBIT #NewsNow http://t.co/hZIHF5RbH4
3 hours ago