Nusenda Awarded Coveted Spot in 2018 BBVA

Apr 09, 2018
​Opportunity Finance Network, the country’s leading national network of community development financial institutions, announced that Nusenda Credit Union has been named to its 2018 Opportunity Fellows Program, which aims to help those in CDFIs better provide responsible, affordable lending to low-income, low-wealth, and other underserved communities, especially communities of color.

Participants will receive nine months of training to help spur affordable lending to underserved communities nationwide 

Opportunity Finance Network, the country’s leading national network of community development financial institutions, announced that Nusenda Credit Union has been named to its 2018 Opportunity Fellows Program, which aims to help those in CDFIs better provide responsible, affordable lending to low-income, low-wealth, and other underserved communities, especially communities of color.

CDFIs, according to Opportunity Finance Network, work to serve communities and individuals that mainstream finance sees as too risky or not creditworthy enough for financing. CDFI organizations work closely with people and businesses in these areas to build capital that creates jobs, supports small business, builds affordable housing, cultivates healthy food and energy efficiency, and promotes safe borrowing and lending.

Nusenda Credit Union is one of 18 CDFIs in New Mexico. Of those, only six are credit unions, and only two others are based in Albuquerque. In line with the philosophy of CDFIs, Nusenda, along with other like-minded local and national partners, has launched Co-op Capital, an award-winning, relationship-based, microlending program for lower-income entrepreneurs and entrepreneurs of color as part of Albuquerque’s City Alive collective impact initiative.

Robin Brulé, Nusenda’s Senior Vice President of Community Relations and City Alive’s Chief Strategist, will be representing the credit union as designated fellow in the nine-month OFN program. She is one of 27 participants nationwide, and will receive training with experts in leadership development and diversity, inclusion, and equity.

“Robin works tirelessly to champion ideas and ensure that innovative visions, programs, and partnerships become reality,”said Nusenda Credit Union President/CEO Terry Laudick. “In a state such as New Mexico – large, rural, and facing daunting challenges around poverty, hunger, and family economic success – she is working every day to make positive change a reality.”

“We are incredibly excited for this year’s class of Opportunity Fellows,” said Donna Fabiani, Executive Vice President, Knowledge Sharing at OFN. “They represent a diverse range of emerging and seasoned leaders in the CDFI industry that are strongly committed to being drivers of change through CDFI investments.

For more information about the fellowship, visit www.ofn.org; and for more information about Nusenda’s Co-op Capital program and City Alive, visit www.cityalive.org.

Rewarding those we serve.

Nusenda Credit Union. The Power of WE®.



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