MDI – NASCUS

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Apple Pumps $25 Million Into Credit Unions & MDIs

The tech giant is working with fintech CNote to help underserved communities. The multinational technology company Apple, maybe best known for the iPhone, announced Thursday that it is working with...

MDI mentoring grant round open through Oct. 29

(Oct. 15, 2021) Credit unions with both minority depository institution (MDI) and low-income (LICU) designations may apply now, through Oct. 29, for NCUA’s mentoring grants worth a total of $100,000,...

Key investors named for ‘mission-driven bank fund’

(Sept. 17, 2021) A new fund designed to help banks serve low-income and minority communities will count Microsoft and Truist Financial Corp. – the sixth largest U.S. bank – as...

Agency makes $100k available for MDI mentoring grants

(Sept. 17, 2021) $100,000 is being made available for minority depository institution (MDI) mentoring grants to eligible credit unions, NCUA announced this week. The regulator said federally insured credit unions...

New NCUA chair sees continuing partnerships with states as ‘invaluable’

(Feb. 12, 2021) A continuing partnership with state supervisors “will be invaluable” to ensuring a viable dual-chartering credit union system, NCUA Board Chairman Todd Harper said in a webinar Thursday,...