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NCUA hosts webinar on financial inclusion of underserved

Credit unions can still register for the NCUA’s March 11 webinar, “Financial Inclusion: Pathways to Serving the Underserved,” hosted by NCUA’s Office of Credit Union Resources and Expansion. The webinar begins at 2 p.m. ET and will last approximately one hour.

According to Lexis Nexis, “One-fifth of the U.S. population is unbanked or underbanked, and 24% of this group is unscorable. Many of these consumers are likely to be as creditworthy as those full-file, prime applicants.”

Participants in the upcoming NCUA webinar can gain valuable insights into serving these underserved and low-income communities. Representatives from the NCUA and the Consumer Financial Protection Bureau will discuss:

  • Current landscape of financial inclusion in the US;
  • Barriers and challenges to low-income populations for financial inclusion; and
  • Innovations in financial inclusion.

Credit union officials will join the webinar and share information about their programs aimed at bringing greater inclusion and equity to low-income and underserved communities. Participants will be able to log into the webinar and view it on their computers or mobile devices using the registration link. They should allow pop-ups from this website.

To take part in the webinar, register here.

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The League of Southeastern Credit Unions & Affiliates represents 302 credit unions in Alabama, Florida and Georgia, with a combined total of $175 billion in assets and more than 11.6 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

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