National Federation of CDCUs Releases 2009 Outlook for Community Investing

[Community Development Banking List]

Original message from: rmorales@cdcu.coop

Federation Outlook for Community Investing in 2009

The National Federation of Community Development Credit Unions
(Federation), a leader in the Community Development Financial
Institutions (CDFI) movement, has just released its Outlook for
Community Investing in 2009, highlighting the positive and negative
trends facing CDFIs (which include credit unions, banks, loan funds,
venture capital funds, and microenterprise funds focused on community
development) in the coming year.

Among the positive trends are:

* Broad favorable media coverage of CDFIs in the current crisis,
including articles and segments in Newsweek, Reuters, and NPR
* Efforts to obtain as much as $2 billion in new investment for CDFIs
through the TARP and other economic stimulus funds.
* The generally strong financial position of CDFIs, enabling them to
loan and invest where many banks have not
* Positive results reported for program- and mission-related investing

Adverse trends include recent attacks on the Community Reinvestment Act
(CRA) and a retreat by major banks from community investment and
funding.

To read the full 2009 Outlook, please visit:
http://www.cdcu.coop/i4a/pages/index.cfm?pageid=1430. ('http://www.cdcu.coop/i4a/pages/index.cfm?pageid=1430.')

[Community Development Banking List]

Original message from: hhlibry@hazelhenderson.com

Hi Rafael ;

We would like to post this Report with a click through to the Federation
on www.EthicalMarkets.com Please also check out our TV series , Ethical
Markets " seen on PBD stations now at www.EthicalMarkets.tv

We would be happy to carry all the Federationds's news and link our
sites , if you like.


Just let us know,

Best,

Hazel

HAZEL HENDERSON, D.Sc.Hon., FRSA, author, futurist, president - Ethical
Markets Media, LLC



Ethical Markets: Growing the Green Economy has won a 2007 Nautilus Award for
Conscious Business/Leadership and a 2008 Axiom Award for best business book.



Visit www.EthicalMarkets.com, www.EthicalMarkets.tv, www.hazelhenderson.com
and www.calvert-henderson.com for the latest information on socially
responsible investing, green technologies and global corporate citizenship.



Ethical Markets Media, LLC; PO Box 5190, St. Augustine, FL 32085; Phone:
904/829-3140, Fax: 904/826-0325


-----Original Message-----
From: bounce-3448590-8709253@list.cornell.edu
[mailto:bounce-3448590-8709253@list.cornell.edu] On Behalf Of Rafael
Sent: Friday, January 09, 2009 2:04 PM
To: (communitydevelopmentbanking listserv)
Subject: National Federation of CDCUs Releases 2009 Outlook for Community
Investing

Federation Outlook for Community Investing in 2009

The National Federation of Community Development Credit Unions
(Federation), a leader in the Community Development Financial
Institutions (CDFI) movement, has just released its Outlook for
Community Investing in 2009, highlighting the positive and negative
trends facing CDFIs (which include credit unions, banks, loan funds,
venture capital funds, and microenterprise funds focused on community
development) in the coming year.

Among the positive trends are:

* Broad favorable media coverage of CDFIs in the current crisis,
including articles and segments in Newsweek, Reuters, and NPR
* Efforts to obtain as much as $2 billion in new investment for CDFIs
through the TARP and other economic stimulus funds.
* The generally strong financial position of CDFIs, enabling them to
loan and invest where many banks have not
* Positive results reported for program- and mission-related investing

Adverse trends include recent attacks on the Community Reinvestment Act
(CRA) and a retreat by major banks from community investment and
funding.

To read the full 2009 Outlook, please visit:
http://www.cdcu.coop/i4a/pages/index.cfm?pageid=1430. ('http://www.cdcu.coop/i4a/pages/index.cfm?pageid=1430.')