Conditions for Puerto Rico’s credit union industry continued improving as of the fourth quarter of 2020, with greater liquidity, asset quality and a 20% increase in total deposits, according to the new Credit Union Industry Financial ...
The Public Corporation for the Supervision and Insurance of Puerto Rico Cooperatives (COSSEC, in Spanish) confirmed that local credit unions will be able to access some $3 billion in budgetary allocations included in the new ...
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 ...