Primary Recipient

ASI CREDIT UNION

Amount

$2,000,000.00

Award Date

8/06/2009

Administering Agency

Treasury, Department of / Community Development Financial Institutions

CDFA Number

21.020

CDFA Program Title

Community Development Financial Institutions Program

Description

This award funded by the Recovery Act has allowed ASI Federal Credit Union, a CDFI serving over 80,000 members in the New Orleans Metro Area, to use proceeds to augment the institution's loan loss reserve. Increasing reserves allows us to increase our ca