Semiannual Report to Congress

Our audit of the Community Development Financial Institution (CDFI) Fund’s CDFI Program awards made to ASI Federal Credit Union (ASI) questioned approximately $12.3 million awarded to ASI in fiscal year (FY) 2006 through FY 2009, FY 2011, and FY 2012 because ASI management submitted invalid information to the CDFI ................
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