View the Free Webinar on CDFI Certification Changes

Note: This webinar has ended, but the recorded event is available for viewing on-demand.

CU Strategic Planning is holding a Town Hall Webinar to discuss the changing CDFI certification criteria: Thursday, November 17 at 11:00 am PST.

The CDFI Fund’s proposed revisions to the certification criteria are open for comment for the next several weeks. These revisions include significant changes and address aspects of your credit union operations that have never been included before. Some of these changes include:

• Loan underwriting and features

• Overdraft and NSF Services

• The mission of affiliated CUSOs

• Target Market lending and accountability requirements

These changes will affect all CDFIs, not just new certifications. The Fund has indicated that current CDFIs will have only one year to come into compliance with the new criteria once it’s finalized. It’s important that CDFIs start assessing now how the proposed changes will affect their organizations.

We’ll be going over these changes, along with CU Strategic Planning’s comment letter to the CDFI Fund, and discuss how your credit union can best prepare and respond.

Note: This webinar has ended, but the recorded event is available for viewing on-demand.

After registering, you will receive a confirmation email containing information about joining the webinar. If you’re interested but unable to attend the live event, you can still register and we’ll send you a link to the recording after the webinar.