NCUA Makes Development Loans

Register now

ALEXANDRIA, Va. - (10/18/05) -- In its busiest month in two years,NCUA reported Monday it made five loans for a total of $570,000from its Community Development Revolving Loan Fund last month. Theloans went to: Cowboy Country FCU, Premont, Texas ($250,000);Shiloh of Alexandria FCU, Alexandria, Va. ($200,000); Consumer'sFCU, Gregory, S.D. ($100,000); and Glamour Community FCU, PuertoRico ($20,000). Through the first nine months of the year the NCUAdevelopment fund has made 10 loans for a total of $1.4million.

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