The U.S. Department of the Treasury awarded $2.5 million in grants to 20 credit unions through its Community Development Financial Institutions Fund to develop more community impact projects, the Credit Union Executives Association announced. Each credit union will receive $125,000 to allow them to prepare to access federal and private funds that will be invested […]
Puerto Rico’s credit unions have more than 1 million members, according to the latest financial and statistical quarterly report presented by the Public Corporation for the Supervision of Puerto Rico Cooperatives, or COSSEC for its initials in Spanish. This achievement is part of the goals set by past Cooperative Development Commissioner, or CDCoop, Ivelisse Torres-Rivera, […]
The grants allocated to BoniCoop, JayuCoop, GuraCoop and Jesús Obrero totaled $125,000.
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