LES People’s FCU will hold its 31st Annual Meeting on June 10, 2017 at 37 Avenue B, corner of 3rd street and avenue B in the Lower East Side. Elections will not be conducted by ballot and there will be no nominations from the floor when there is only nominee for each position. Nominations should be submitted in writing by close of business May 1, 2017. Read More
Deyanira del Rio’s testimony on Fostering Economic Growth: The Role of Financial Companies.
“As banks continue to consolidate and become further removed from communities and local economies, community development financial institutions (CDFIs) play an increasingly important role in stimulating small business, affordable housing and other development in economically distressed neighborhoods, through fair and transparent loans and investments. CDFI-certified credit unions, including LES People’s, serve more than eight million people across 46 states and, despite serving low income communities, exceed the financial growth and performance of their mainstream peers.” Read Full Testimony
On December 5, 2016, LES People’s Board of Directors approved the following statement, reaffirming our credit union’s commitment to our members and to the fight for economic and social justice.
The Board further resolved to donate all new member fees ($5 per member) in December to La Colmena, a community job center in Staten Island, in solidarity and support of its work with day laborers. We encourage all who are divesting from big banks to invest in LES People’s or another community development credit union in your area.