Merco Credit Union was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021. The grant funding will support Merco Credit Union in providing financial products and services to prepare for and respond to the economic impacts of the coronavirus pandemic through December 31, 2023. As a Community Development Financial Institution, Merco Credit Union will utilize the grant...
Members Credit Union, Inc. was awarded a $500,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant period is from June 15, 2021 through December 31, 2023 to support the ability of the credit union to respond to the economic impacts of the coronavirus pandemic in the United States. As a Community Development Financial Institution,...
Members First Credit Union was awarded a $1.8 million project grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP) on June 15, 2021. The grant funding will support the credit union's ability to respond to the economic impacts of the coronavirus pandemic through December 31, 2023. As a Community Development Financial Institution, Members First Credit Union will use the CDFI RRP award to provide financial products and services...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded Merco Credit Union a $625,000 Project Grant under the Community Development Financial Institutions Program. The grant aims to promote economic revitalization and community development through financial assistance to certified Community Development Financial Institutions for financial products, services, development services, loan loss reserves, and capital reserves targeting eligible markets and...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Marisol Federal Credit Union (MFCU) $650,000 under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021. The award is to be completed by December 31, 2023. The CDFI RRP provides funding to Community Development Financial Institutions (CDFIs) like MFCU to support, prepare for, and respond to the economic impact of the coronavirus...
The Municipal Employees Credit Union of Baltimore, Inc. was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant supports the Credit Union's ability to respond to the economic impacts of the coronavirus through December 31, 2023. As a Community Development Financial Institution, the Credit Union will use the grant funding to prepare for and provide financial products and services...
The $3.72 million Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) awarded to Merco Credit Union on April 10, 2023 will support expanding lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by COVID-19 through December 31, 2028. As a certified Community Development Financial Institution, Merco Credit Union will use the funding...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $660,000 under the Community Development Financial Institutions Program (CFDA 21.020) to Merco Credit Union through December 31, 2026. This Project Grant aims to promote economic revitalization and community development in Native communities through capacity building and financial support for certified Community Development Financial Institutions (CDFIs). Specifically, the funding will provide monetary...
Workers Credit Union was awarded a $1,826,265 project grant from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant will support the credit union's ability to respond to the economic impacts of the coronavirus by providing financial and technical assistance services to communities and populations affected by the pandemic from June 2021 through December...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Michigan First Credit Union a $1.8 million Project Grant under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The funding will support Michigan First Credit Union's ability to respond to the economic impacts of the coronavirus pandemic by preparing for and providing support to address the needs of its communities from June 2021 through December 2023. The...