WASHINGTON (11/3/15)--Credit union service to Native American communities will be highlighted in a webinar scheduled by the U.S. Treasury’s Community Development Financial Institutions (CDFI) Fund.
The free webinar is scheduled for Nov. 19, starting at 4 p.m. (ET), and registration is now open.
Titled “Is a CDFI Credit Union Right for Your Native Community?” the webinar will explore the unique, not-for-profit cooperative structure of credit unions and how the structure can be best utilized to serve Native communities.
It will feature an overview of the startup process, focusing on common challenges, resources and how a credit union might affect the operations of an existing CDFI loan fund serving the Native community.
Representatives from Lakota FCU, Kyle, S.D., and Northern Eagle FCU, Nett Lake, Minn.--two Native credit unions--will share their experiences and perspectives, and staff from the National Credit Union Administration will also be available to assist with questions.
This webinar is the first in a series of three webinars from the CDFI Fund series “Building Native CDFIs’ Sustainability and Impact,” which is designed to provide a range of information to meet the needs of Native CDFIs at all stages of growth.