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 […]
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 […]
Aware of the need that students have given the challenges presented by the need for distance learning that the COVID-19 pandemic has brought, the Sor Isolina Ferré Centers (CSIF, in Spanish) delivered tablets to students of its alternative schools in Ponce, Caimito and Guayama who did not have this tool for their education. About 100 […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
