Treasury and NCUA Partner

Matz Gerety photo (002)

Amias Gerety, US Department of the Treasury’s Acting Assistant Secretary for Financial Institutions, and the Honorable Debbie Matz, Chairman of the Board, NCUA

The National Credit Union Administration and the U.S. Treasury Department’s Community Development Financial Institutions Fund signed an agreement on January 21, 2016 that will streamline the application process for low-income credit unions to become certified as Community Development Financial Institutions. Credit unions that obtain CDFI certification can access training and competitive award programs provided by the CDFI Fund, and these resources can aid these institutions’ capacity to provide underserved communities with access to safe and affordable financial services.

Read more about the agreement

Read NCUA Chairman Matz’s remarks

Read CDFI Director Donovan’s remarks

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