The $1 billion-asset credit union was approved as a CDFI after starting the application process in October. Institutions seeking the designation must first meet criteria such as providing development ...

Recent changes to the Community Development Financial Institutions Fund could make it harder for credit unions to get funding, but sources are split on the degree to which those modifications will ...

ANAHEIM, Calif.--(BUSINESS WIRE)--Change Lending, LLC (“Change”) announced today that it has entered into a global settlement agreement with the United States Department of Treasury, Community ...

GLENDALE, Calif., May 24, 2023 /PRNewswire/ -- California Credit Union announced today that it has been certified as a Community Development Financial Institution (CDFI) by the U.S. Treasury ...

SAN DIEGO, May 24, 2023 /PRNewswire/ -- North Island Credit Union announced today that it is the first credit union in San Diego County to receive certification as a Community Development Financial ...