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News

Did you know?

The credit union was formed by the community when all other commercial banks left the Lower East Side.

Youth Week

Posted on April 12

Stash Your Cash @ The Credit Union Now Anyone Under 18 Can

Open An Account For Just

$1.00

No Membership Fee Will Apply

Mayor Bloomberg Announces $150 Million Anti-Poverty Program At Lower East Side People’s Federal Credit Union

Posted on December 19

Mayor Michael R. Bloomberg announced a $150 million per year commitment to fund over 30 City solutions that will implement the recommendations of the Commission for Economic Opportunity. The Mayor also announced an office to evaluate and monitor the new programs. The Center for Economic Opportunity (CEO) will lead an evaluation and accountability process that will authorize the continuation of successful programs and the termination of unsuccessful programs.

NEDAP and LESPFCU team up to provide free legal clinics

Posted on December 4

NEDAP is excited to announce the opening of the NYC Financial Justice Clinic. NEDAP’s law clinic provides one-on-one legal consultation to low income New Yorkers…

Phone System Upgrades

Posted on November 13

Last summer and through early autumn, we’ve had some troubles with our phone lines and phone system.

Today and tomorrow, Nov. 13 and 14, we are transferring to a new phone service.

Welcome to the new lespeoples.org

Posted on October 31

We’ve been working through 2006 to improve much of our technical infrastructure in order to better serve you.

Protect Yourself From Phishing Attacks

Posted on October 14

Phishing is a method where account numbers, personal identification numbers, usernames, and passwords are collected from users and then used to compromise their online accounts and commit identity fraud.

Vice Chairman Hood Participates in Roundtable Meeting in New York City

Posted on June 26

NCUA Press Release: Alexandria, VA – National Credit Union Administration (NCUA) Vice Chairman Rodney E. Hood traveled to New York City on Saturday for the 20th Annual Meeting of Lower East Side Federal Credit Union where he participated in a roundtable meeting with officials from community based credit unions which are dedicated to reaching the underserved.

Low-Income Credit Union Empowering Members with Access to Member Business Lending

Posted on March 22

NCUA Press Release: New York, NY – National Credit Union Administration (NCUA) Chairman JoAnn Johnson visited Lower East Side People’s Federal Credit Union (LESPFCU), a low-income designated credit union, which demonstrates the credit union philosophy of “people helping people” by providing access to affordable financial services in an underserved area of New York City.

LESPFCU to Serve Homesteaders FCU Members

Posted on August 22

NCUA Press Release: Alexandria, VA – The National Credit Union Administration (NCUA) on August 18 liquidated Homesteaders Federal Credit Union of New York, New York, and transferred its member accounts to the Lower East Side People’s Federal Credit Union of New York City.

N.Y. league, CU testify on anticipation loans

Posted on May 5

CUNA Press Release: Latham, NY – The New York State Credit Union League and a credit union testified on behalf of credit unions at a public hearing on refund anticipation loans (RALs) held by the New York State Assembly Standing Committee on Banks.

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