wlmmyers
01-02-2007, 09:34 AM
WASHINGTON (1/2/07)--The National Credit Union Foundation (NCUF) has released a white paper on credit unions' opportunities to serve Native Americans and posted Native American outreach resources on its website.
The Native American research is based on NCUF's national survey of credit unions with Native Americans in their fields of membership and its summit of 14 credit unions that serve this demographic.
The white paper identifies many opportunities for credit unions serving Native Americans, such as minimal competition, financial literacy, membership expansion, increased lending, tribal government accounts and the Community Development Financial Institutions (CDFI) Fund.
The white paper concludes with model products and services that have proven successful for credit unions serving Native Americans.
Resource Links
NCUF white paper (Microsoft Word document) (http://www.cuna.org/newsnow/07//cgi-php/offlink.php?nnlink_id=16548)
NCUF Native American resources (http://www.cuna.org/newsnow/07//cgi-php/offlink.php?nnlink_id=16549)
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The Native American research is based on NCUF's national survey of credit unions with Native Americans in their fields of membership and its summit of 14 credit unions that serve this demographic.
The white paper identifies many opportunities for credit unions serving Native Americans, such as minimal competition, financial literacy, membership expansion, increased lending, tribal government accounts and the Community Development Financial Institutions (CDFI) Fund.
The white paper concludes with model products and services that have proven successful for credit unions serving Native Americans.
Resource Links
NCUF white paper (Microsoft Word document) (http://www.cuna.org/newsnow/07//cgi-php/offlink.php?nnlink_id=16548)
NCUF Native American resources (http://www.cuna.org/newsnow/07//cgi-php/offlink.php?nnlink_id=16549)
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