ECIP and Secondary Capital Resources
In this March 11 webinar, Inclusiv walked through the updates to the Emergency Capital Investment Program and secondary capital resources to support your credit union’s growth and impact strategies.
As the pandemic continues into 2021, credit unions continue to experience record share growth amidst a challenged economy with disparate impacts on low-income communities and communities of color. How might credit unions manage their financial growth while responding to member needs and growth opportunities to serve underserved communities?
During this webinar, we covered effective growth strategies and uses of secondary capital, and provide an overview of ECIP and resources to support CDCUs through this process. Below are slides from the presentation:
To download the following additional resources, click here.
- ECIP Application Materials
- ECIP Application Portal Registration Instructions
- ECIP Interim Final Rule
- Rate Reduction Incentive Guidelines
- Subordinated Debt Term Sheet for Credit Unions