NCUA Board Chairman Hood Talks about Financial Literacy, Community Service at Destinations Credit Union Event

NCUA Board Chairman Rodney E. Hood talks about Destinations Credit Union, a federally insured, state-chartered credit union headquartered in Baltimore.  The Destinations CU, has been designated a low-income credit union by the NCUA and the Maryland Commissioner of Financial Regulation.

“This means Destinations will have access to more tools to serve its members and its community,” NCUA Board Chairman Rodney E. Hood said. “Effective regulation entails looking at what an industry is doing right, and what we’re seeing here today is a sterling example of people who are getting it right.

“It’s a story about expanding opportunity and shared prosperity,” Hood said. “It’s a story about people investing in their own communities. Most of all, it’s a story about people helping people to achieve something greater by working together in partnership.”

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