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U.S. Credit Union executives assess damages on Grand Bahama

MADISON, WI (September 16, 2019) — Executives from American Heritage Credit Union—based in Philadelphia—traveled to Grand Bahama Thursday on behalf of World Council of Credit Unions to assess the damage to credit unions wrought by Hurricane Dorian. Bruce Foulke, President & CEO of ...

NCUA awards $1.9 million in grants to 155 low-income credit unions

ALEXANDRIA, VA (September 13, 2019) — The National Credit Union Administration has awarded $1.9 million in grants to help 155 low-income credit unions increase outreach to underserved communities, improve digital services and security, and train employees. The NCUA awarded grants ranging from $1,900 ...

Credit unions: Be aware of changes to CDFI application process

TACOMA, WA (September 13, 2019) — Beginning in the fiscal year 2020 application round, all Community Development Financial Institutions Fund Program and NACA Program Financial Assistance applicants must be certified CDFIs as of the date the Notice of Funds Availability, as published in the Federal ...