News
Did you know?
The credit union was formed by the community when all other commercial banks left the Lower East Side.
Excellent News for our Members!
On July 28, 2010, we were informed by the U.S. Treasury Department that we have received preliminary approval for a secondary capital loan of $925,000 under the Community Development Capital Initiative. This loan, which we will need to pay back in eight years, will inject the credit union with capital which in turn will allow us to increase our lending and other financial services to our members.
