Media Advisory – NCUA Issues Low Income and Community Development Credit Union Guidance

January 15, 2010, Alexandria, Va. –The National Credit Union Administration (NCUA) today issued Letter to Credit Unions 10-CU-01– Supervising Low Income Credit Unions and Community Development Credit Unions. The Letter, which was provided to NCUA examination staff and shared with the boards of directors of all federally insured credit unions, provides guidance on the characteristics, benefits, and unique challenges of low income credit unions and community development credit unions.

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