CDCU federation to host CDFI webinar Thursday

May 26, 2014

WASHINGTON (5/27/14)--The National Federation for Community Development Credit Unions will host a webinar about Community Development Financial Institution (CDFI) grants from the National Credit Union Administration Thursday.

Based on the success of the technical assistance grants for CDFI certification awarded earlier this year, the NCUA has announced additional grants for up to 60 credit unions.

The webinar is from 3 to 4 p.m. (ET) and designed to answer questions about this round of funding from the NCUA, as well as the benefits of CDFI certification and an overview of the application process.

The federation's Pablo DeFilippi, vice president of membership and business development, and Terry Ratigan, senior consultant, will be joined by:

  • Debra Hickman, director of organizational development, CALCOE FCU, Yakima, Wash., with $23 million in assets. She is responsible for compliance, vendor management, project management, training and strategic planning.
  • Ikenna Nwankpa, financial analyst and grant administrator, NCUA's Office of Small Credit Union Initiatives. He supports credit unions that primarily serve low-income communities throughout the United States, including assistance on applications for funding through NCUA's Community Development Revolving Loan Fund.

Topics covered will include what the NCUA looks for in a successful application, as well as how CDFI credit unions can serve as a viable business model for community development. There will also be a Q-and-A with all four speakers after the presentation.

Use the resource links for more information.

CDFI webinar registration

CDFI white paper (PDF)