Also, through convenings like today’s event and by sharing promising practices, the Federal Reserve System has a longstanding history of supporting local and regional community and economic development efforts that contribute to economic growth and employment. To the extent that crowdfunding has the potential to bring new capital into low- and moderateincome communities, we want to be involved in helping the learning process along.
Credit unions may wish to explore the use of Digital Finance to facilitate transactions with members, particularly those in remote areas.