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CDFI Training Inspires Certified Credit Unions

On December 4-5, the Missouri Credit Union Charitable Foundation (MCUCF) and Missouri Credit Union Association (MCUA) hosted a roundtable and training for all CDFI-certified credit unions in the state of Missouri. The National Federation of Community Development Credit Unions facilitated this two-day training opportunity at MCUA’s Jefferson City office.

Credit union attendees shared that the training left them motivated and looking to the future. 

“The Federation provided superior guidance for next steps for CDFI-certified credit unions. The two-day training covered a myriad of topics relevant to all CDFIs, and I left energized about the opportunities ahead of us,” says Paul Ebisch, president of Assemblies of God Credit Union (a CDFI-certified credit union). “Thank you to the Missouri Credit Union Charitable Foundation for making this training possible.” 

Representatives from 11 CDFI-certified credit unions attended the roundtable. They received in-depth training in topics such as low-income designation, leveraging CDFI certification, developing CDFI strategies, writing competitive grants and building community partnerships.

Missouri has 27 credit unions that have attained CDFI certification, which makes Missouri the state with the most CDFI-certified credit unions. In the past two years alone, these CDFIs have received more than $7 million in U.S. Treasury grants. These certifications and grants help build the capacity of smaller credit unions to serve moderate- to low-income people and distressed communities lacking the access to credit and financial services.

The Missouri CDFI program is an initiative of MCUCF. It helps to provide training resources and opportunities to all Missouri credit unions.

For more info on MCUCF’s CDFI initiative, please contact Maria Langston, executive director of MCUCF, via email or phone, 800.392.3074, ext. 1344.

Caption: Don Cohenour, president of MCUA, kicks off the training by introducing the speakers from the National Federation of Community Development Credit Unions.