CDFIs

From branch networks to technology and cybersecurity concerns, there's plenty to keep leaders of CDFIs and small CUs awake at night.

Now known as Inclusiv, the name change also brings several high-profile programs under one umbrella.

Credit unions based on the island made history receiving CDFI grants for the first time ever, but larger issues tied to population decline remain.

In addition to CUs across the continental United States receiving grants, Puerto Rico's cooperativas de ahorro y credito were included for the first time.

Some of these states may surprise you.

There are more credit unions in the Community Development Financial Institution Fund program than banks, but advocates are pressing for even greater involvement.

Finance students at Marquette University will make loans to small businesses in Milwaukee from a revolving fund seeded by Town Bank and held on the books of a local CDFI.

Credit union trade groups are lauding the Senate's move to provide $250 million for the Treasury Department's Community Development Financial Institutions fund.

The Germantown, Md.-based credit union serves more than 14,000 members and holds about $130 million in assets.

Fair Financial, a digital banking platform developed by a Twin Cities nonprofit in partnership with a local bank, launched a pilot program this week. By 2020, it plans to serve 5,000 customers across the country.