Presented By: CU Strategic Planning
In these unprecedented times, credit unions are stepping up to the challenge by lending to their members (often low to moderate income workers). This increased lending is valuable and necessary, but it also generates risk and a need for increased loan loss reserves.
Would your credit union benefit from a grant to help bolster your reserves?
Community Development Financial Institution (CDFI) certification is the entry way to up to $1,000,000 for reserves or allowance for loan losses. The latest news this week is a prominent House leader has crafted language to appropriate $1 billion dollars for CDFI – 4 times the current appropriation in 2020.
CU Strategic Planning is the fastest, most accurate and best at getting your credit union certified to be eligible to apply for a grant for $1,000,000 CDFI awards (even when a credit union has been previously denied by NCUA’s streamlined application). And our grant writing experts have helped more than 137 credit unions win over $120 million in funding.
These funds will matter more than ever in the wake of coronavirus. Join CU Strategic Planning on Wednesday, May 6 at 2 p.m. ET for an interactive discussion on CDFI funds can help you to weather this storm.
Sponsored by:
When?
Wednesday, May 6 | 2:00 PM ET
From there, Mike went on to continue his work in the credit union industry in roles spanning from EVP/Chief Lobbyist, to CEO of the Missouri and Maryland/DC leagues and the National Cooperative Business Association. Partnered with WOCCU, Mike worked on the ground with credit unions in more than 30 countries including Uzbekistan, Philippines, Kenya, Zambia, Jamaica, Belize, South Africa, and Suriname. Mike led hundreds of Americans overseas and hundreds of international credit union leaders to the U.S. His work at the WOCCU helped set the modern-day development of dozens of partnerships between U.S. credit union leagues and the overseas credit union movement.
Mike joined CU Strategic Planning in 2014 as Owner/Chief Strategic and Advocacy Officer.
Chief Diversity and Inclusion Officer, Owner, CU Strategic Planning
Ronaldo is a thought leader and highly sought after speaker on Diversity Equity and Inclusion raising awareness of and knowledge about the practicum as a keynote speaker at CUNA Management School, SW CUNA Management School, Western CUNA Management Alumni Association, CUES, and the NCUA's Inaugural Diversity Summit. He is published in The Credit Union Journal, CU Times, CU Insight, Credit Union Magazine and CU Today. Dozens of peer CEOs receive his counsel annually including in recovering from, responding to and establishing new processes in the wake of the industry's most significant, headline-making racial crises in 2018 and 2019.
