CDFI, LID, and MDI: What’s the Difference?

CDFI, LID, and MDI: What’s the Difference?

The credit union world is chock full of acronyms. CUSO Magazine’s Esteban Camargo looks at community development financial institutions (CDFIs), low-income credit unions (LICUs), and minority depository institutions (MDIs); what they mean and the benefits each provide.

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