Cliff Rosenthal retired from the Consumer Financial Protection Bureau but is best known to CUs as the former CEO of the National Federation of Community Development Credit Unions (now nown as Inclusiv).
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Changes to CDFI Fund regulations could make it significantly easier to raise the capital required to get a new institution off the ground.
March 22 -
Credit unions today regularly receive monies from the CDFI Fund, but it wasn't always that way. Here's a look back at the last quarter-century and the progres that still needs to be made.
December 9 -
The movement has suffered several black eyes during the last 18 months. We should be worried about long-term damage to our reputation.
August 22 -
It's admirable that the National Credit Union Administration wants to make opening a de novo easier but organizers will still face challenges in raising the necessary funds to launch a new credit union.
May 24 -
A high-profile media story is painting the industry in a negative light and should be cause for some CUs to re-examine their profit model.
October 15 -
Longtime advocate of the Community Development Financial Institution program Cliff Rosenthal is thrilled to see it blossoming; but he also shares concerns for the growing pains that could be on the horizon.
March 4