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 […]
Puerto Rico Federal Credit Union recently received the classification “2020 Top 200 Healthiest Credit Unions,” granted throughout the United States, where there are more than 5,000 such entities and more than 4,000 banks. To rank, DepositAccounts.com evaluates the financial health of more than 10,000 banks and credit unions in the United States once a quarter. […]
The Puerto Rico Federal Credit Union recently received the Community Development Financial Institutions Fund certification, becoming the first local federal co-op to obtain the endorsement from the US. Department of the Treasury. The CDFI Fund plays an important role in creating opportunities and economic growth, particularly in communities that lack resources for their development. Puerto […]
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