CDCUs and CDFIs: Rebuilding America, One Community at a Time!

As millions of Americans look to move their assets into local financial institutions, credit unions are often concerned about the impact of new deposits on their net worth ratios. Credit unions that serve low-income communities can access some special resources to build net worth and accelerate growth in their communities, including NCUA low-income designation, secondary capital loans and other grants and investments.

This presentation from Fred Fernandez, Vice President of Technology and Remittances at Bethex Federal Credit Union in the Bronx, discusses the "We Care" program started by their credit union, which has been working with faith-based and small credit unions to provide opportunities for collaboration and cooperation, including through selling loan participations to help smaller credit unions build their income and jumpstart their growth.

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CDCUs and CDFIs: Rebuilding America, One Community at a Time!

National Federation of CDCUs Plus

This Vimeo channel is about all things related to economic empowerment through the work of community development credit unions (CDCUs); community development financial institutions (CDFIs); and the National Federation of Community Development Credit Unions


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This Vimeo channel is about all things related to economic empowerment through the work of community development credit unions (CDCUs); community development financial institutions (CDFIs); and the National Federation of Community Development Credit Unions (Federation).

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