NCUA Grants $1 Million in Community Development Loans

ALEXANDRIA, Va. – NCUA reported it made six low-interest loans totaling $1 million from its Community Development Revolving Loan Fund.
 
The loans went to: Torch Lake FCU ($3 million); Dole Wahiawa FCU ($200,000); Pine Belt FCU ($200,000); Glamour Community FCU ($150,000); Monroe Education Employees FCU ($100,000) and Resurrection Catholic Center CU ($50,000).
 
NCUA made a total of 46 loans for $8 million from the fund through the first 11 months of 2007.

Processing Content

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER
Load More