Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
FDIC launches help for underserved in West Virginia
WASHINGTON (8/21/12)--The Federal Deposit Insurance Corporation (FDIC) Monday launched an Alliance for Economic Inclusion (AEI) initiative in West Virginia, a move intended to improve the economic well being of low- and moderate-income individuals and families, including the unbanked and underserved.

The AEI is a national initiative to establish broad-based coalitions of financial institutions, community-based organizations and other partners. Efforts have been launched in several markets across the country, but the West Virginia Small and Micro Business AEI is the first AEI to focus specifically on building resources to further small and micro business formation and growth. The FDIC noted this focus was selected after consultations with the Appalachian Regional Commission and other local stakeholders.

The West Virginia program was launched in partnership with the Appalachian Regional Commission (ARC), other state and federal agencies, financial institutions, and community-based stakeholders.

Since 2007, the more than 1,300 have opened more than 400,000 accounts with financial institutions through the FDIC's AEI program.

Use the link to read more about the FDIC's initiative.
Other Resources

RSS





print
News Now LiveWire
Sony hack linked to N. Korea, says U.S.intelligence via @nytimes http://t.co/fE3PtMgEFz
4 hours ago
.@CUNAMutualGroup Klewin shares final thoughts, forecast on lending regulations with @cumagazine before retiring http://t.co/v78QY3QwqB
7 hours ago
Current @CUNA COO @JillTomalin promoted to deputy chief of staff
8 hours ago
#CU Effect:@ChartwayFCU 'branch of the future' 2 benefit members, staff. 2nd installment of new News Now series here:http://t.co/ImBY4nupEj
9 hours ago
U.K. regulators have given formal authorization for the @c_of_e to form a #creditunion.
9 hours ago