CDFI Certification Process Gives Credit Unions Unfair Free Pass: ABA

In response to the Treasury Department’s proposed changes to the CDFI application process, Joseph Pigg of the American Banker’s Association points out that nearly half of all credit unions are now designated as “low income” and questions whether they should meet the definition of CDFI.

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CDFI Certification Process Gives Credit Unions Unfair Free Pass: ABA

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