Congressman Cohen Announces $105 Million for Orion Federal Credit Union

MEMPHIS - Congressman Steve Cohen (TN-09) today announced that the Orion Federal Credit Union, a non-profit community development financial institution (CDFI), will receive $105 million from the U.S. Treasury Department's Emergency Capital Investment Program. The credit union will also receive $213,497 from Treasury's CDFI Fund Small Dollar Loan Program.

Congressman Cohen made the following statement:

"These infusions of capital will bolster the local economy, create good-paying jobs and expand Memphians' access to affordable credit and banking. I am pleased to see the Treasury Department investing these resources in Memphis."

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