JEFFERSON CITY, Mo. (12/23/14)--During a roundtable and training for all community development financial institution-certified (CDFI) credit unions in the state of Missouri, participants shared ideas that left them inspired and looking toward a bright future.
On Dec. 4-5, the Missouri Credit Union Charitable Foundation and Missouri Credit Union Association hosted a roundtable for all community development financial institution-certified credit unions in the state of Missouri. (Missouri Credit Union Association Photo)
The Dec. 4-5 session was hosted by the Missouri Credit Union Charitable Foundation (MCUCF) and Missouri Credit Union Association (MCUA) and facilitated by the National Federation of Community Development Credit Unions. The event was held at MCUA's offices in Jefferson City, Mo.
Representatives from 11 CDFI-certified credit unions attended the roundtable. Participants received in-depth training in topics such as low-income designation, leveraging CDFI certification, developing CDFI strategies, writing competitive grants and building community partnerships (Missouri Difference Dec. 15).
Missouri has 27 credit unions that have attained CDFI certification, which makes Missouri the state with the most CDFI-certified credit unions. In the past two years alone, these CDFIs have received more than $7 million in U.S. Treasury grants. These certifications and grants help build the capacity of credit unions to serve moderate- to low-income people and distressed communities lacking the access to credit and financial services.
The Missouri CDFI program is an initiative of MCUCF, which provides training resources and opportunities to all Missouri credit unions.