FDIC-insured depository institutions seeking CRA credit opportunities may be eligible to apply for funding to further impact the distressed communities they serve. On March 31, 2023, the Department of ...

Excite Credit Union in San Jose, California, has been certified as a community development financial institution. The $650 million-asset Excite announced Monday that it received its CDFI certification ...

CUNA Mutual Group and Inclusiv have teamed up to try to get the word out about the benefits of being certified as a community development financial instituion. The two groups announced Wednesday that ...

Hawaii Federal Credit Union, which was already offering products and services to residents who needed second chances, became certified more than seven years ago, says Steve Goo, president and CEO. The ...

A community development financial institution (CDFI) is a private-sector company that seeks to provide economic assistance to underserved communities by offering financial services, loans, and ...

BOSTON--(BUSINESS WIRE)--Boston Financial Investment Management (“Boston Financial”), a national leader in the low-income housing tax credit (LIHTC) industry, today announced that the firm’s ...

Tricolor recently released a whitepaper about its success as a subprime auto-finance provider that specializes in working with Hispanic consumers, receiving designation as a Community Development ...

Non-QM expert Steven Schnall, CEO and chairman of Quontic Bank, is next up on the Tuesday, May 12 episode of Mortgage Leadership Outlook. Schnall will engage in a virtual chat with series host Andrew ...

ANAHEIM, Calif.--(BUSINESS WIRE)--Change Lending, LLC (“Change”) announced today that it has entered into a global settlement agreement with the United States Department of Treasury, Community ...

A new certification will help CHN Housing Capital, the lending arm of local nonprofit CHN Housing Partners, ramp up its efforts to provide home loans to low- and middle-income borrowers who otherwise ...

GLENDALE, Calif., May 24, 2023 /PRNewswire/ -- California Credit Union announced today that it has been certified as a Community Development Financial Institution (CDFI) by the U.S. Treasury ...