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Credit union reaching out to Spanish speakers in their own language

Credit union reaching out to Spanish speakers in their own language
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National credit union groups launch chapter for Hispanic communities

The Inclusiv Network and the National Association of Latino Credit Unions and Professionals opened the Juntos Avanzamos-NLCUP regional chapter in California last month. It's the first part of a campaign to address financial inclusion on a local level.

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FirstLight Federal Credit Union in Texas names new CEO

Margie Salazar, who has been with the El Paso institution for more than 25 years and is currently its chief financial officer, will succeed longtime chief executive Karl Murphy on Feb. 1.

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Credit union groups push for MDIs to be recognized as minority lenders

The CDFI Fund should consider all MDI credit unions to be Minority Lending Institutions (MLIs), three credit union trade groups told the Treasury

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Minority-owned credit unions balk at fine print of NCUA capital plan

The industry generally likes a National Credit Union Administration plan that would count Treasury funds as secondary capital. But it opposes the exclusion of 30-year investments under the the Emergency Capital Investment Program, which credit unions say are essential to revitalizing Black and Hispanic communities.

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