Inclusiv Credit Unions

A Next City feature on how the Inclusiv FIT Center helps credit unions expand financial inclusion by facilitating access to affordable, sustainable and secure technology – including carefully vetted fintech and AI solutions that can vastly benefit CDCUs:

AI May Be Coming to Your Neighborhood Credit Union A new partnership is increasing the use of AI at CDFI credit unions across the country.

We are pleased to welcome Great Lakes Credit Union, Valley First Credit Union, Atchison Village Credit Union, and Industrial Federal Credit Union to the Juntos Avanzamos family of credit unions committed to serving and empowering Hispanic and immigrant communities. Congratulations to these credit unions for this remarkable achievement. ¡Bienvenidos a Juntos Avanzamos!

We still can’t stop thinking about our Financial Education Graduation and our Higher Education Scholarship Ceremony. Without a doubt, the graduates and the scholarship recipients were the stars of the show! However, several special guests made the event extra special. A big thank you to Ricky Hurtado from Z. Smith Reynolds Foundation, the keynote speaker for the Graduation Ceremony, Jose Bernal Munoz from FaithAction International, the keynote speaker for the Scholarship Ceremony, Rodrigo Baranda, previous LCCU graduate and community business leader, Susan Shumaker, President of Cone Health Foundation, for her constant and unwavering support, and Megan Bolado from Inclusiv who shared some exciting news with our graduates (stay tuned!)

Relive the magic of Inclusiv Conference 50 with a quick recap: https://ow.ly/EIYC50SeztU

In a CUtoday.info interview, Neda Arabshahi, SVP of Inclusiv Center for Resiliency and Clean Energy discusses Inclusiv's $1.87B CCIA grant, the current green lending landscape, and next steps: https://ow.ly/KkHv50SecGN

In celebration of National Small Business Month, Inclusiv launched our Small Business Lending Training Program on May 21. Cohort 1, integrated by 36 participants from 15 credit unions will meet over the next 10 weeks. At the end of the process, participants will have implementation plans to help their credit unions start or grow small business lending programs. This is just the beginning of many more cohorts to come!

Inclusiv was honored to be invited to meet with Michigan Governor Gretchen Whitmer, and speak at the Michigan Healthy Climate Conference 2024, hosted by Michigan Department of Environment, Great Lakes, and Energy.

Hannah Kramer, Director of our Center for Resiliency and Clean Energy, represented Inclusiv on May 17, 2024 in Lansing, MI, where she had the opportunity to learn from Governor Whitmer on her vision to make Michigan a state leader in clean energy.

At the conference, Hannah also presented on Inclusiv’s selection for a $1.87 billion Clean Communities Investment Accelerator (CCIA) grant, part of the U.S. Environmental Protection Agency’s Greenhouse Gas Reduction Fund (GGRF). Hannah highlighted the opportunity for Michigan credit unions to participate in Inclusiv’s CCIA program to ensure the benefits of clean energy (reduced energy bills, less air population, etc.) reach the communities they serve.

June is Minority Depository Institution Awareness Month at the National Credit Union Administration, and the agency will feature activities and events highlighting the essential role MDIs play in their communities. To read about the NCUA's MDI Awareness Month activities, go to: https://go.ncua.gov/4ehiI0y

PCCU Participate in American Credit Union Conference PCCU staff attended the 50th edition of Inclusiv’s Community Development Credit Union conference in New York

Join Inclusiv for our MDI Lunch & Learn on Thursday, June 6 at 1PM ET! This special presentation on the 2024 Community Development Revolving Loan Fund (CDRLF) will be led by Joshua Krantz, Program Manager, Office of Credit Union Resources & Expansion at the National Credit Union Administration (NCUA).

Learn more: https://ow.ly/gGHu50S0I4I
Register: https://ow.ly/74T950S0I4C

Inclusiv's offices will be closed starting tomorrow but we'll be back soon!

One Small Credit Union Is Powering Brooklyn’s Economy What makes this particular credit union so special, how did it come to be – and what if there were more of them?

Wow, what a conference! Thank you, thank you, thank you to all who attended Inclusiv Conference 50! Our hearts are so full! Hopefully you've recovered by now...and if so, let's join hands to turn this momentum and passion into a more prosperous and equitable future for all. Are you with us?

BIG NEWS!

Kataly Foundation and Bank of America Commit $84 Million for Community-Development Fund Also, Robin Hood gave $35 million to almost 100 nonprofit groups to increase financial stability for low-income residents of New York City, and $22 million will launch the GE Aerospace Foundation, which will develop a pipeline of engineers from a variety of backgrounds.

Listen: The latest episode of Next City's podcast features Inclusiv Puerto Rico Network's René Vargas Martínez discussing how strengthening the cooperativas in Puerto Rico is key to rebuilding after a string of disasters.

The Secret to Long-Term Recovery in Puerto Rico? Strengthening the “cooperativas” in Puerto Rico might be the key to rebuilding after a string of disasters.

COSSEC meets with Federal Home Loan Bank in New York officials The meeting comes after a new regulatory interpretation of the Federal Housing Financing Agency (FHFA) came into force last month.

Some closing announcements from Pablo and Jules preceding our closing session. Join us to mobolize as we launch into the next 50 years!

Genesee Co-op Federal Credit Union's Melissa Marquez (a new Annie Vamper honoree), New Economy Project's Deyanira Del Rio and Lower East Side People's Federal Credit Union's Linda Levy led an interactive session on public banking and how it can help CDCUs build a cooperative economy - including land trusts and worker coops.

Our small business lending session featured CDCU and government experts from the U.S. Small Business Administration, CRH Coop, River City FCU, and Empire State Development, sharing their expertise. Eben Sheafer outlined Inclusiv's new small business capital initiative, which will strengthen/prepare CDCUs' technical skills.

Panelists discuss building climate resilience into lending, exploring underwriting, loan decisions, along with stories from the frontlines (New Orleans and Puerto Rico). Featuring Eddie Alicea of Cooperativa La Sagrada Familia, Judy De Lucca of New Orleans Firemen's Federal Credit Union, Tina Poole of UNH Carsey School of Public Policy, and Inclusiv's Ahmed Campbell.

"Managing Risk Beyond Credit Ratings" explores strategies to manage risk Beyond credit ratings to underserved and historically excluded homebuyers. Featuring Unitus Community Credit Union's Amy Olsen and North Jersey FCUs Alfonsina Morel w/ Inclusiv’s Bob Mundy.

"Breaking Down or Building New Barriers? How to Advance Financial Inclusion through FinTech" explores challenges and opportunities of new AI and fintech solutions for credit unions. Features Karan Kashyap of Posh, Elizabeth McCluesky of TruStage and Jomar Martinez of Puerto Rico Federal Credit Union.

Jomar Martinez of Puerto Rico Federal Credit Union encourages credit unions to work together to keep up with and embrace technology because AI is not going anywhere. His credit union uses it to collect useful data and build solutions.

Inclusiv experts and representatives from the U.S. Small Business Administration (SBA) and Empire State Development (ESD) of New York exchange ideas about Risk Management, Access to Capital and Capacity Building needs, the pillars of our Inclusiv Small Business Capital Initiative.

How can public banking support the community development credit union movement & help us build a cooperative economy? Dey Del Rio/New Economy Project, Linda Levy/Lower East Side People's Federal Credit Union & Melissa Marquez/Genesee Co-op Federal Credit Union are breaking it down for attendees. Learn more at

Public Bank NYC The Public Bank NYC Coalition believes public money should work for the public good, not private gain.