Lending

Recently, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) published “A Framework for OFAC Compliance Commitments” to help organizations—including credit unions—take a risk-based approach to developing…

It’s not uncommon for credit unions to work with non-traditional industries and financially-vulnerable populations. In fact, offering financial services to unbankedpeople such as recent immigrants and other disadvantaged groups dates…