Latino Community CU Gets DukeEndowment

Register now

DURHAM, N.C. - (06/07/06) – Latino Community CU announcedTuesday that Duke University has agreed to make a $5 millionnon-member deposit which the low-income credit union will use tofund mortgage lending. The money will deposited in $1 millionincrements over the next five years. The community developmentcredit union will dedicate the funds for low-income consumer andmortgage lending in Durham County, which is home to more than halfof Duke's work force.

For reprint and licensing requests for this article, click here.