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Scott Young

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RANCHO CUCAMONGA, Calif.—Banks have overtaken credit unions when it comes to consumer perceptions of service. And now fintechs could be doing the same when it comes to consumers’ view of a trusted partner, which has been a long-time strength of CUs.

WASHINGTON—The ways in which community development financial institutions (CDFI) and minority depository institutions (MDI) certified credit unions can help bolster access to affordable mortgage credit for low- and moderate-income and first-time homebuyers were the subject of discussions between NAFCU and Inclusiv and HUD Secretary Marcia Fudge.