New York Fed reports ‘modest decline’ in CDFI numbers, assets
By ABA Banking Journal Staff
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Operational Brief
The number of community development financial institutions and their total assets experienced a modest decline starting in 2023. This trend reflects a post-decade increase.
Why It Matters for Texas Credit Unions
No specific mention or relevance to Texas credit unions.
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The item has some Texas or operational relevance signals, but the site does not yet have enough support to narrow it to one institution profile with confidence.
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After rising for more than a decade, the number of community development financial institutions and their total assets experienced a modest decline starting in 2023, according to a new report by the Federal Reserve Bank of New York. The post New York Fed reports ‘modest decline’ in CDFI numbers, assets appeared first on ABA Banking Journal .