NAFCU recommends ways to increase CUs’ service to women-, minority-owned businesses

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » Ahead of today’s House Financial Services subcommittee hearing examining the challenges that women- and minority-owned businesses may face when accessing capital and financial services during the pandemic, NAFCU’s Brad Thaler offered support for the subcommittee’s efforts to address these issues.“As we have shared with you before, credit unions are proud of their record of diversity and commitment to helping the portions of their communities that are most in need with high-quality financial products and services,” wrote Thaler, NAFCU’s vice president of legislative affairs.Thaler noted that there are 526 federally-insured minority depository institution (MDI) credit unions and 292 credit unions that are designated community development financial institutions (CDFIs). He stressed the importance of “ensuring that these institutions have the resources they need to survive and serve their members during these challenging times.”Specifically, Thaler asked the subcommittee to include additional set asides in future relief packages specifically for CDFIs and MDIs, similar to what was included in the House’s HEROES Act.last_img read more

Riviere off the mark for Magpies

first_img Press Association The Magpies scored three times in the space of 14 first-half minutes as Siem de Jong took full advantage of goalkeeper Ivan Necevski’s 19th-minute error before Riviere and then defender Mapou Yanga-Mbiwa struck. Newcastle keeper Rob Elliot had only one save to make to deny Corey Gameiro after the break, and substitute Adam Armstrong rounded off the scoring seven minutes from time. The striker, a £5million summer signing from Monaco, needed just 26 minutes to open his account with the Magpies taking the game by the scruff of the neck. Before kick-off, manager Alan Pardew and captain Fabricio Coloccini laid wreaths on the seats which would have been occupied by fans John Alder and Liam Sweeney who died in the Malaysia Airlines crash last week while en route to New Zealand. center_img Emmanuel Riviere marked his debut with a goal as Newcastle cruised to a 4-0 victory over Sydney FC in Dunedin. last_img read more