CDCUs Share In CDFI Grants

July 26, 2004, 1:00 a.m. EDT 1 Min Read

WASHINGTON - (07/23/04) -- Three credit unions were 21community development financial institutions awarded a total of$930,000 in technical assistance grants Friday by the Treasury'sCDFI Program. Brookland FCU, West Columbia, S.C., will use its$50,000 grant to hire a consultant to upgrade its computer system;NEWRIZONS FCU, Hoquiam, Was., will use its $46,000 award to developa financial literacy program, but an ATM, and relocate an existingbranch; and Stevenson FCU, Stevenson, Ala., will use its $31,000grant to also upgrade its computer system.

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