Select Partner Groups

Select partner groupIf you are an organization in NYC that would like to provide your members, staff, clients, and volunteers with fair and competitive financial products and services, joining the Lower East Side People’s FCU (LES PEOPLE’S) is the solution for you. For over 30 years, the LES PEOPLE’S mission has been providing a safe, affordable and democratic alternative to traditional bank services and reinvesting member’s money in the communities we serve. LES PEOPLE’S is a certified Community Development Financial Institution. Here is the list of existing Select Partner Groups.

To become an SPG, you need to provide the Credit Union with:

  • Copy of by-laws (it must include date)
  • Letter of intent with an estimate of how many employees/members will join the credit union, and a statement of your distance from our closest branch. Download template here.

SPG status can allow any combination of the following categories to join the credit union:

  • Organization/business itself (corporate account)
  • Employees
  • Members
  • Clients
  • Volunteers

Benefits for your SPG members/clients/volunteers/employees:

  • Credit union membership eligibility
  • New Account Opening Service Fee waived
  • Free Checking Account with unlimited transactions
  • A surcharge-free CO-OP ATM network
  • Free financial counseling
  • Credit Building loans – debt risk-free
  • Home Loans for co-ops and 1-4 family
  • Low rate Auto Loans
  • ITIN lending
  • SUSU Loans ©
  • People’s Emergency Loans ©

Benefits for the SPG:

  • Provide credit union membership eligibility to your constituents
  • Provide an inclusive membership package that includes waiving the initial membership fee and a courtesy discounted rate on personal loans
  • Availability for remote account opening sessions at your site
  • Access to our community rooms at our branches
  • Access to presentations on financial topics
  • Eligibility for affordable business and non-profit savings and checking accounts with unlimited transactions, as well as loan opportunities
  • Low maintenance organization’s savings and checking accounts
  • Online referral form

If you have any additional question, don’t hesitate in calling us: 212-529-8197 ext. 116 or at aportada@lespfcu.org

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