OKLAHOMA CITY – Tinker Federal Credit Union (TFCU) announces its certification by the US Treasury’s Community Development Financial Institutions (CDFI) Fund. TFCU is the fourth largest CDFI in the country.
To receive this certification, a financial institution must have a primary mission of promoting community development and providing development services in conjunction with its financing activities to low-income consumers and financially underserved populations. CDFI certification allows TFCU to better serve low and moderate-income consumers and promote financial inclusion for all its members.
Additionally, this certification covers all areas that are underserved and/or unbanked within Oklahoma.
“It is an honor and privilege to serve our fellow community members in the Capitol Hill district,” said Edgar Medina, assistant vice president and manager of TFCU’s OKC, Capitol Hill branch. “Carrying the CDFI certification in conjunction with the Juntos Avanzamos designation means our members recognize TFCU’s presence in their community as someone who can promote growth and foster unity. By working with the community on a daily basis and in partnership with other local businesses, we are able to create a space where the focus is lifting each other up toward success. TFCU does this through our financial literacy programs and our ability to serve the underserved population across the state of Oklahoma. The CDFI designation truly serves as a beacon to those members looking to advance their financial growth with an institution that will be invested in their success 100 percent of the way.”
TFCU worked with the National Federation of Community Development Credit Unions’ consulting service, CU Breakthrough, on its CDFI certification.
Tinker Federal Credit Union is the largest credit union in Oklahoma, with $4 billion in assets and over 392,000 members.