NTFCUNew Trier Federal Credit Union (Kenilworth, IL)
NTFCUNeighborhood Trust Federal Credit Union (New York, NY)
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"Since the CDCI loan to NTFCU in early 2010, NTFCU has been able to substantially increase its lending to its target lowincome community," he said.
"Between December 2010 and December 2013, NTFCU has increased its lending from $3.1 million to $5.7 million (83%) and increased its loans/shares from 50% to 86%, well exceeding its peer average," Monge-Portaro added.
"This track record and more detailed reporting that we have provided to Treasury has enabled NTFCU to be re-certified as recently as earlier in 2014 as a Community Development Financial Institution based on our track record of serving our predominately very low-income community," Monge-Portaro said.