NCUA Board Member Gigi Hyland encouraged credit unions to continue reaching out to immigrants at the 32nd Annual Meeting of the National Federation of Community Development Credit Unions and the 4th Annual Latino Credit Union Conference.
During her remarks, Hyland said she was proud of her Latino heritage and the values passed on from her mother, who was native Puerto Rican. She also emphasized the importance of reaching out and gaining the trust of underserved and immigrant populations.
"America has always been a place of hope and opportunity for immigrants," said Hyland. "Credit Unions have proven to be a reliable financial partner for immigrants and I encourage them to continue offering innovative and affordable financial services."
Speaking to the theme of the conference, "Honoring Our Heritage, Focused on the Future," Hyland said it was "good to reflect on the heritage of credit unions and how cooperative principles can be applied by credit unions in today's dynamic financial marketplace." She promised to make it possible for CUs to stretch the envelope to serve underserved members.
