Tune in to WOL 1450 AM, 95.9 FM or WOL Livestream on Thursday, September 19 at 10:30 am EDT for Everything Co-op, hosted by Vernon Oakes. This episode will continue honoring the 2024 Cooperative Hall of Fame inductees, featuring an interview with Clifford (Cliff) Rosenthal. Cliff and Vernon will explore his extensive contributions to the cooperative movement throughout his career.
Cliff Rosenthalâs impact on community development finance spans decades. As CEO of the National Federation of Community Development Credit Unions (now Inclusiv) from 1980 to 2012, he championed financial empowerment. His original concept paper led to the creation of the CDFI Fund, and he played a pivotal role in the CDFI Coalition.
Post-Federation, Cliff managed the Office of Financial Empowerment at the Consumer Financial Protection Bureau (CFPB). His initiatives improved access to financial services for vulnerable consumers. As an author, he penned âDemocratizing Finance: Origins of the Community Development Financial Institutions Movementâ (2018) and co-authored âCommunity Capital: Race, Equity, and the Credit Union Movementâ (2024).
His accolades include the Herb Wegner Award, recognition from the Opportunity Finance Network, and induction into the African-American Credit Union Hall of Fame. Cliffâs legacy continues through his work as a consulting producer on the TV series âOpportunity Knock$.â