Majority-Black credit unions, while being more numerous than other majority-minority credit unions, are smaller on average, and have more difficulty lending their assets out into their membership. Here's how to change that.
The National Credit Union Foundation has today announced the recipients of a $100,000 grant to support smaller credit unions seeking to understand the roles culture, race and ethnicity play in financial well-being.
Federal credit unions have an inherently strong, socially conscious business model. Demonstrating the many ways that they may positively impact society can address consumers’ growing interest in choosing a financial institution that aligns with their values.