MBFS Board Approves up to $30,000 in Matching Grants to Local Food Banks
The Board of Member Business Financial Services (MBFS), the CUSO formed in 2008 to assist credit unions with funding member business loans in their markets, recently approved up to $30,000 in matching donations to local food banks for credit unions involved in the PPP loan program. MBFS has helped 30 of its partner credit unions fund 2,700 Paycheck Protection Program (PPP) loans for a total of $147 million.
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