News Archives

CDFI Fund: Too many grant requests, too little money

CDFI Fund: Too many grant requests, too little money

Although FY24 funding levels have not yet been set, certified Community Development Financial Institutions have submitted grant requests that likely will far exceed the amount Congress is expected to provide for the program, Treasury Department [...]

Redefining innovation for FIs in 2024

Redefining innovation for FIs in 2024

The financial industry has been through unprecedented challenges over the past year, from economic fluctuations to inflation and interest rate hikes. As we navigate this ever-changing landscape, it's crucial for credit unions to not only [...]

Who is responsible for cooperative democracy?

Who is responsible for cooperative democracy?

This week I will attend a special meeting of the members of a coop in which I participate. The purpose is to approve a change in the bylaws prior to the annual meeting. The change [...]

Credit union membership increases to begin 2024

Credit union membership increases to begin 2024

The number of Americans that are members of credit unions increased to over 142 million in January, according to the recently released America’s Credit Unions’ Monthly Credit Union Estimates. Additionally, the estimates revealed that [...]