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University of Vermont Department of Community Development and Applied Economics

Coverage of University of Vermont Department of Community Development and Applied Economics in the Nexus archive.

Earliest in view: Jul 30 · 10:00 UTCMost recent: Jul 30 · 10:00 UTC
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  • BUSINESSJul 30 · 10:00 UTCDAILY YONDER
    In Alaska and West Virginia, Credit Unions Innovate to Meet the Needs of Rural Communities

    Credit Union 1 (CU1) in Alaska opens rural branches tailored to local needs, such as a lower drive-through window in Nome and bilingual currency transactions in Skagway. Despite logistical challenges in remote areas, membership triples in communities like Skagway after new branches open. A 2024 study questions the 'banking desert' term, finding underserved communities are better identified by service quality than absence of institutions.

University of Vermont Department of Community Development and Applied Economics · Dossier · The Nexus