A group of 32 credit unions in Puerto Rico received about $6 million in assignments from the U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) to expand their services to economically disadvantaged communities. The allocation constitutes the largest amount granted by the U.S. Treasury to co-ops in Puerto Rico, reaching $10 million […]
As part of the activities to commemorate World Tourism Day on Sept. 27, the Puerto Rico Tourism Co. published a schedule of official activities to mark the occasion. These activities will be held in the upcoming weeks and showcase “Tourism and Rural Development,” the theme chosen by the World Tourism Organization (UNWTO) for the 40th […]
Puerto Rico Federal Credit Union (PRFCU), in conjunction with the Federal Home Loan Bank of New York (FHLBNY), granted $100,000 in financial assistance to a number of local nonprofits that were affected by the COVID-19 pandemic. The capital injection came from the Small Business Recovery Grant Program, the institutions said. Among the entities that received […]