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News

Home » Keywords » CDFI

Items Tagged with 'CDFI'

ARTICLES

Treasury
Policy & Issues

CDFI Fund announces CUNA-sought delay to consider application changes

The Treasury’s Community Development Financial Institutions (CDFI) Fund announced Tuesday it will delay proposed changes to its certification application to carefully review all public comments. This comes after CUNA, Leagues, credit unions, and joint trades engaged with the Fund and Congress with serious concerns.
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Cap1
Policy & Issues

CUNA meets with Congressional leaders over CDFI application concerns

CUNA and other organizations met with House Financial Services and Senate Banking, Housing, and Urban Affairs leadership staff Tuesday to discuss proposed changes to the Community Financial Development Institution (CDFI) Fund certification application.
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Cap1
Policy & Issues

CUNA requests meeting with Congressional leaders over proposed CDFI changes

CUNA and other organizations wrote to Congressional committee leadership Tuesday with requesting a meeting regarding serious concerns over the proposed new Community Development Financial Institution certification application.
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Policy & Issues

Proposed CDFI methodologies could violate Equal Credit Opportunity Act

CUNA has several concerns with the Treasury’s Community Development Financial Institutions (CDFI) Fund’s proposed Target Market Assessment Methodologies, particularly some that are likely violations of the Equal Credit Opportunity Act and Regulation B.
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Policy & Issues

Proposed CDFI Fund application would exclude ‘significant swaths’ of CUs

The Treasury’s Community Development Financial Institutions (CDFI) Fund’s proposed certification application contains multiple provisions that would inappropriately exclude credit unions doing good work, CUNA wrote to the CDFI Fund Monday.
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CDFIFund
Policy & Issues

CDFIs considered certified until official notification of change

Certified Community Development Financial Institution (CDFI) credit unions with pending submissions or cure period requirements are considered certified until the CDFI Fund provides official notification of change or termination of status, the Fund said in a statement.
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Keith Stone
Leadership|CU Rock Stars 2022

Helping those who serve us

The Finest Federal’s Keith Stone works overtime to make life easier for the NYPD.
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CDFIFund
Policy & Issues

Nussle: CDFI Fund issues threatening communities in need

Confusion over Community Development Financial Institution (CDFI) certification for credit unions is costing communities in need valuable resources, CUNA President/CEO Jim Nussle wrote in Credit Union Times.
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CDFIFund
Policy & Issues

CDFI Fund to host call for institutions in certification cure period

The Community Development Financial Institutions Fund (CDFI) will host an informational conference call for CDFIs currently in a Certification cure period related to the submission of a 2021 or 2022 Annual Certification and Data Collection Report (ACR). The call is scheduled for 3 to 4 p.m. ET, on August 10.
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CDFIFund
CU System

CDFI Fund to pause application submissions for 6 months

The CDFI Fund will pause acceptance of new CDFI certification applications and requests for Target Market modifications for six months, starting Oct. 1. It will resume accepting new application submissions and requests on April 3, 2023.
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More Articles Tagged with 'CDFI'
Credit Union Magazine: Winter 2022

Winter 2022

Credit Union Magazine’s Winter 2022 issue highlights data-driven marketing, the board’s role in cybersecurity, elder abuse scams, credit unions’ auto lending advantage, and more.
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