Low INCOME DESIGNATION Guide

lowincomemainpageimage-1

Credit unions have a philosophical and legal obligation to serve all members within their field of membership. Did you know that receiving a low-income designation earns many benefits for credit unions, including expanded field of membership and capital authorities?

Content includes:

  • How to qualify
  • Expanded FOM authority
  • Secondary capital options
  • Member business loan exemption
  • Available loans and grants
  • Relevant regulations

Serving members is what credit unions do. Helping credit unions strategically position your fields of membership is what we do!

Whatever you are trying to do, if it is related to credit unions' fields of memberships, we've got you covered. Read more in our latest guide.