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
NCUA announces CDRLF application period
ALEXANDRIA, Va. (1/228/08)--The National Credit Union Administration (NCUA) has announced it will accept applications for participation in the Community Development Revolving Loan Fund's (CDRLF’s) loan program beginning in September, subject to the availability of funds. The CDRLF provides assistance to credit unions with an official “low-income” designation to provide basic financial services to residents in their communities. The assistance is in the form of low-interest loans and is intended to stimulate income levels, home ownership, and employment. Applications can be submitted from Sept. 1 to Nov. 30, according to a Federal Register document submitted by the NCUA. The Fund's total appropriation is $13.4 million. As of Dec. 31, 2007, the Fund's loan portfolio totaled to $13.3, according to the document. Application procedures for the 2008 Fund Loan Program will be posted to the NCUA Web site. Or applications for participation may be obtained from and should be submitted to: NCUA, Office of Small Credit Union Initiatives, 1775 Duke Street, Alexandria, VA 22314-3428.
Other Resources

RSS





print
News Now LiveWire
Construction spending drops in January, according to @CommerceGov http://t.co/W9J1mDyF8X #Market #NewsNow
5 hours ago
During Nat'l Consumer Protection Week, @TheNCUA reminds #CU members of agency resources re: rights as consumers. http://t.co/aYgW1HoDmF
6 hours ago
.@TransUnion: #millennials climbing into driver's seat with loans http://t.co/S4H9OIB3Av
7 hours ago
Breaking at #NewsNow: @CUNA backed bill introduced by @RepEdRoyce @GregoryMeeks would raise MBL cap. #CUSmallBiz http://t.co/ZDAb2UMoQz
9 hours ago
Loan growth at federally insured #creditunions in 2014 climbed to highest level since 2005, @TheNCUA reported today. Watch News Now Tues.
9 hours ago