Inclusiv Town Hall Series:
The CDFI Fund Minority Lending Program
Tuesday, November 9 at 1:15 PM ET
Inclusiv invites you to participate in our next Town Hall call. We'll explore the upcoming CDFI Fund Minority Lending Program and the many benefits for MDIs in becoming CDFI-certified. Member credit union leaders will share their experiences as minority CDFIs, past challenges and experiences of applying for CDFI grants, and how CDFI funding has facilitated their meeting the needs of underserved communities during the COVID-19 pandemic.
Join Sue Cuevas, President and CEO, Nueva Esperanza Community CU; Carla Decker, President and CEO, DC FCU; and Sheilah Montgomery, President and CEO, Florida A&M University FCU for this exciting discussion. Terry Ratigan, Inclusiv’s Senior Consultant, will also provide an overview of what we know so far about the Minority Lending Program.
Please send all questions in advance to Jules Epstein-Hebert, Director of Membership, at jhebert@inclusiv.org before Monday, November 8 at 5 PM ET.
This session is part of the monthly Inclusiv Town Hall webinar series. If you are registered for this series, you'll already have access to the next Town Hall session.
To register for this webinar, click the link below:
https://us02web.zoom.us/webinar/register/WN_2jb18kqaQmWk3dGudEaxjA
Speakers:
Sue Cuevas is the President/CEO, Nueva Esperanza Community CU in Toledo, OH. Sue Cuevas was born and raised in Ohio. She majored in accounting at Youngstown State University, also attending Grand Valley State University and lived in Mexico while studying Christian education and finance. She has over 30 years of financial expertise working in the banking and financial industry. She has taught numerous classes on financial literacy, with a passion to help people understand finance and make savvy decisions. She also developed a bilingual educational program for first-time homebuyers in Northwest Ohio. Realizing the need to help Latinos establish credit and build financial wealth, she became the first Latina President/CEO and helped start the first Latino Credit Union (Nueva Esperanza Community Credit Union) in Toledo, Ohio. This is the first Latino chartered credit union in Ohio and third in the nation.
Carla Decker has been President & Chief Executive Officer of DC Federal Credit Union since 2001. Under her leadership, DC FCU attained the Community Development Financial Institution designation from the U.S. Department of Treasury. The credit union is also designated by the National Credit Union Administration as Low Income, and a Minority Depository Institution. Carla advances DC FCU’s mission of financial inclusion by serving otherwise un-banked consumers and families in the Washington, DC area. Through ACCESO, an innovative collaborative that links multiple credit unions, DC FCU addresses and advocates for the financial well-being of the local Hispanic and immigrant community.
Sheilah Montgomery, President and CEO of Florida A&M University FCU, has been advancing the mission of the credit union movement, while increasing the economic viability of individuals, businesses, communities for over four decades.Sheilah, a Certified Chief Executive (CCE), Credit Union Development Educator (CUDE) as well as an International CUDE (I-CUDE), is the President and CEO of the Florida A&M University Federal Credit Union in Tallahassee, FL. During her years as a CEO with FAMU FCU and two other credit unions, she was able to direct mission critical projects, develop organizational capacity strategies, and create management initiatives to promote long term financial sustainability. She currently serves as a board member of 1st Choice Credit Union in Atlanta and the National Disability Institute located in Washington DC. She is the co-founder of the African-American Credit Union Coalition (AACUC).
Terry Ratigan, Inclusiv's Senior Consultant plays an important role in program development, training, technical assistance and Inclusiv’s advocacy work. As a member of the Inclusiv/Network consulting services team, he provides expertise on CDFI certification, recertification, grant writing, and strategic planning for CDCUs around the country. In 2009, Mr. Ratigan developed a statistical random sampling methodology for target market analysis that has helped to double the number of CDFI certified credit unions. This breakthrough methodology also served as the basis for NCUA’s 2011 revision of the Final Rule on Low Income Designation and the 2012 CDFI Fund guidance on target market analysis for CDFI certification.