On Deadline: NCUA Delivers CDFI Grants

Register now

NCUA Chairman JoAnn Johnson met with Hawaii Sen. Daniel Akaka to apprise him of several ongoing agency initiatives, including the awarding of several community development grants to credit unions in the Democratic Senator's home state.

NCUA recently awarded 48 new grants across the country for a total of $150,000 under the Building Internal Capacity component of the grant program. The program has disbursed 121 grants to far this year for a total of $295,500.

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