CU Strategic Planning’s CEO Stacy Augustine and CSE Federal Credit Union’s President/CEO Stan Barnes stopped by the show to share the many benefits of being awarded a Community Development Financial Institution (CDFI) grant. These benefits, as Stacy and Stan discuss, not only benefit the credit union and its members but the surrounding community, as well.
Stacy also talks about the good news about CU Strategic Planning's credit union clients receiving 59% of all CDFI Financial Assistance funds to credit unions, excluding Puerto Rico.
Stan tells us how much CSE was awarded and how these funds will be used to benefit members and the surrounding community.
Stacy and Stan also share how the CDFI application process works and how their organizations worked together to ensure CSE its CDFI award.
Lastly, they provided advice for credit unions of any size looking to participate in CDFI funding in 2022 that could result in a six- or seven-figure win.
Check it out and let us know your thoughts.
Mike Lawson, Host
Married to a beautiful and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.