Verity Credit Union Awarded US Treasury Grant

Published on August 9, 2024

Verity Credit Union, a leading $859 million asset financial institution in Seattle focused on socially responsible, community-rooted banking, announced today that it has received a $383,223 grant from the Small Dollar Loan (SDL) program administered by the US Treasury. This program empowers Certified Community Development Financial Institutions (CDFIs) like Verity to expand access to mainstream financial organizations for unbanked and underbanked communities, helping them build credit, and providing an alternative to high-cost small dollar lending. 

Small Dollar Loan (SDL) Program Helps CDFIs Expand Access to Affordable Loans to Communities Historically Underserved by Financial Institutions. 

Find out more here. 

 

Other news

Sunrise Banks Introduces Net Zero Deposits

August 8, 2024
Sunrise Banks is a socially responsible bank based in St.Paul, Minnesota and they launched Net Zero Deposits early July. This new offering allows customers to designate their checking, savings or CD accounts for projects that reduce or avoid carbon emissions. It is available for both personal and business banking customers.

Bank Australia Awarded the Most Trusted Consumer Bank by RFI

August 12, 2024
Bank Australia achieved the prestigious award for the Most Trusted Consumer Bank, one of the key factors driving consumer preference in financial services.