Asterisk Intelligence, a data analytics team at CU*Answers which provides business intelligence consulting, fulfillment, and educational services to credit unions, has recently completed several engagements to assist CDFI-certified credit unions with compiling data for annual re-certification.
Credit unions who are certified as a Community Development Financial Institution (CDFI) can receive federal funding up to hundreds of thousands of dollars. To maintain certification, each institution is responsible for periodic data reporting. Asterisk Intelligence can help credit unions on the CU*BASE core with this process with a custom query or report.
With these support engagements completed, Asterisk Intelligence continues to serve credit unions in their data strategies and community development efforts. If a credit union is interested in a first-time application for CDFI certification, Asterisk Intelligence can also assist. Contact the team for a consultation.