Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Inside Washington (05/29/2008)
* WASHINGTON (5/30/08)--It’s important to foster relationships with government-insured depository institutions with the means to provide the underserved with the opportunity to save, borrow, invest and build solid credit files, National Credit Union Administration (NCUA) Vice Chairman Rodney Hood said at a general forum this week. The forum was organized by the Boston and Worcester Alliances for Economic Inclusion (AEI) at Brandeis University. Hood applauded Dan Egan, president of the Massachusetts Credit Union League, and Ann Clancy, league senior vice president and general counsel, for their attendance and participation with AEI. Hood discussed the danger of predatory lending and said credit unions are working to combat the problem. He also emphasized the NCUA’s Office of Small Credit Union Initiatives, which offers assistance through community development initiatives, grants and loans at 1% interest, student internships and volunteer income tax assistance. Hood recognized the partnerships credit unions are creating with Operation Hope, the Federal Home Loan Banks, the Department of Housing and Urban Development, the Department of Treasury’s Community Development Financial Institutions fund and the Internal Revenue Service ...


RSS print
News Now LiveWire
USFCU, Minn., hosts small business networking night. http://t.co/CBFHpJTFZe
12 hours ago
Number of @CUNA-certified fin. counselors hits 2,175 http://t.co/3fQGcdxyLO
12 hours ago
Jobless claims drop by 19,000 this week #Market #NewsNow http://t.co/LSqaYCsmX4
13 hours ago
#RBC draws letters from @SenatorBegich, @SenShelby to @TheNCUA See #NewsNow http://t.co/JvLBwkHwxF
14 hours ago
It's #summercamp with a financial literacy, #creditunion twist http://t.co/5eaps9ZoVB
16 hours ago