(Clearwater, Florida) Today, the National Federation of Community Development Credit Unions is pleased to announce that it has changed its name to Inclusiv. The Inclusiv name grows out of the organization's commitment to financial inclusion and its dedication to ensuring access to responsible financial products and services delivered at an affordable cost in a fair and transparent manner. The announcement was made at the organization's Annual Conference in Clearwater, Florida.
"For decades, the Federation and community development credit unions have been building trust and delivering relevant products to underserved people with dignity and respect. Inclusiv will build on the 44 year legacy of the Federation to grow the visibility and impact of mission-driven credit unions," said Cathie Mahon, Inclusiv President and CEO. "We believe that financial inclusion and empowerment is a fundamental right. Today we recognize the purpose and impact of our organization and our member community development credit unions by sharing with you a name that keeps our shared mission front and center."
The mission of Inclusiv remains unchanged: to help low- and moderate-income people and communities achieve financial independence through credit unions. Inclusiv closes the gaps and removes barriers to financial opportunities for distressed and underserved communities by providing capital, making connections, building capacity, developing innovative products and services, and advocating for community development credit unions. The organization has renamed its programs and initiatives to reflect Inclusiv's mission of promoting inclusive financial solutions.
Read the full press release here.