Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Federation has record year in investments
NEW YORK (2/6/08)--2007 was a record year for the National Federation of Community Development Credit Unions and its Community Development Investments Program, according to year-end numbers. The program, formerly known as the Capitalization Program, celebrated its 25th anniversary in 2007 with a rebranding and the launch of a capital campaign aimed at raising $25 million over three years, to bring total assets under management to just over $50 million. Highlights for 2007 include:
* $10.5 million in Investments and commitments raised in a one-year period; * $8.8 million in new investments in member community development credit unions (CDCUs) in a single year; * $38.4 million in total assets under management; * 121 CDCUs participating in the program; and * 32 investors.
Other Resources

RSS





print
News Now LiveWire
Better economic & #CU conditions,leading to higher rates in '15,'16, will boost CU earnings, asset quality,capital http://t.co/rmJvi3MIpQ
9 hours ago
RT @CUNA: Today is the first day of #CUYouthMonth How is your #creditunion celebrating?
14 hours ago
New @FICO score metric expected this week, will include utility payments http://t.co/l0hGhilMqQ
14 hours ago
.@TheNCUA increased supplier diversity in 2014 by 49%, although NCUA’s workforce diversity levels declined slightly.
14 hours ago
Also from FFIEC today, council announces reappointments of Mary Hughes and Lauren Kingry to its State Liaison Committee. 2of2
15 hours ago