Treasury CDFI awards Mills42 $125,000
Mills42 Federal Credit Union (Mills42) today announced it is the recipient of a $125,000 Technical Assistance grant from the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund. The award allows the credit union to purchase a deposit-taking ATM to serve its low-income and underbanked membership better.
“Without a depositing ATM, Mills42’s members and future members wouldn’t have 24-hour access to simple banking transactions,” explained Carla Rasetta, president and CEO of Mills42.