Search
 

Hood Participates in Roundtable of Community Credit Unions Dedicated to Serving the Underserved

NEW YORK-Just days after he voted against a rule curbing community credit unions' ability to adopt underserved areas, NCUA Vice Chairman Rodney Hood participated in a roundtable meeting on community chartered credit unions reaching out to the underserved. The roundtable coincided with the 20th Annual Meeting of Lower East Side...

By Staff Writer | Updated on July 04, 2006

NEW YORK-Just days after he voted against a rule curbing community credit unions’ ability to adopt underserved areas, NCUA Vice Chairman Rodney Hood participated in a roundtable meeting on community chartered credit unions reaching out to the underserved. The roundtable coincided with the 20th Annual Meeting of Lower East Side People’s Federal Credit Union in New York City. “I congratulate Lower East Side Federal Credit Union on their 20th Anniversary and commend them for hosting this roundtable meeting,” Hood said. “As a regulator, I always look forward to meeting face to face with those who truly embrace the cooperative spirit upon which the credit union system was founded. You all are making a difference in the lives and communities of your members. This roundtable meeting provided a practical forum for community based credit unions to discuss how to best serve their members and allowed us to discuss how NCUA can best serve them as their regulator.” Also taking part in the roundtable were Bethex FCU, Brooklyn Cooperative FCU, Entertainment Industries FCU, Municipal Credit Union, Union Settlement FCU, and Transfiguration Parish FCU. The discussion emphasized partnerships between small and large credit unions to help reach the underserved and promote the economic development of low-income communities.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.