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Ventura County

Coastal CU

ELGA

ARLINGTON, Va.—With the banking industry zeroing in on the CU tax exemption with more attention than ever before, a new study from NAFCU seeks to quantify the value CUs return to consumers and the economy—a value the trade association says has been growing in recent years.

The National Credit Union Administration (NCUA) through its Community Development Revolving Loan Fund (CDRLF) recently awarded $1.5 million in grants to 105 low income credit unions (LICU). The grants are designed to help LICU expand outreach to underserved communities and improve digital services and security