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The credit union was formed by the community when all other commercial banks left the Lower East Side.
LAUNCH OF NEW E-BANKING KIOSK IN CENTRAL HARLEM BRANCH
New York, NY— The LES People’s Federal Credit Union (LESPFCU) is pleased to announce the launch of our new E-Banking Kiosk in the Central Harlem branch. With this new Kiosk, the LESPFCU can offer even more services such as ATM, bill pay, check cashing, purchase of phone cards and gift cards and lots more. The Harlem branch is located on 2052 Adam Clayton Powell Jr. Blvd. between 122nd Street and 123rd Street.
Linda Levy, CEO of LES People’s stated, “We are excited to join with PSI in providing cutting edge technology to our members and neighbors in Central Harlem.” The launch of the E-Banking Kiosk will support the Harlem community in providing additional access to affordable financial services, and financial education. LESPFCU is proud to contribute to the economic expansion of Central Harlem and looks forward to continue serving this community.
David Foni, CEO of PSI Corp (PSCP.PK) remarked, “This is a wonderful opportunity for the LESPFCU, Tellagent LLC and PSI Corp. When PSI was created its central endeavor was to empower those communities who required banking services but were unable to obtain low cost services. Tellagent LLC is PSI Corporation’s exclusive distributor for the credit union industry”.
The LES People’s Federal Credit Union is a member owned non-profit institution which reinvests our members’ money in the Lower East Side and Central Harlem to provide a full range of personal, affordable financial services to our communities. Our goal is to stimulate the economic and community development of our neighborhoods by providing a safe, sound and democratic alternative to traditional banks.
LESPFCU began as a grass root movement that joined in the fighting to preserve and protect one of the poorest communities located in the Lower East Side of Manhattan. In 1986 with the support of members of this community, the National Credit Union Administration and countless others, LESPFCU became the only financial institution to service a community that had no access to affordable financial services in a radius of 100 city blocks. In 2005, we expanded to serve Central Harlem and opened the branch there.
The Lower East Side and Harlem communities are becoming more gentrified each day but there are still members of these communities that have no credit or poor credit. The LESPFCU gives the community the opportunity to create businesses and take out personal loans with more flexibility then traditional banks. These opportunities provide members with the tools they need to improve their economic condition and expand the economic development of their neighborhood.
PSI Corp. provides interactive customer communications systems and applications that support the targeted marketing programs at point-of-purchase (POP) service and information. The company has two vertical products: full motion video digital signage and full service Cash Express™ Kiosks/ATM. For more information please visit the company website: www.pantelsystems.com.


