This year’s Annie Vamper Helping Hands Award was given to Linda Levy, LES People’s retired CEO. The award was presented during the National Federation of Community Development Credit Unions, now Inclusiv, 2018 Annual Conference. “You need to be willing to take a risk. If I did not believe in taking a risk, I would not have walked into Lower East Side People’s Federal Credit Union [..] ” stated Ms. Levy during her acceptance speech. Watch the full speech here.
Lower East Side People’s FCU receives $700,000 from Federal CDFI Fund to expand its work in low income and immigrant communities
(New York, September 24, 2018) – Lower East Side People’s Federal Credit Union (LES People’s), a financial cooperative serving low income and immigrant New Yorkers, has been awarded $700,000 from the U.S. Treasury’s Community Development Financial Institutions (CDFI) Fund. The award, announced last week, will support LES People’s community development lending and allow the credit union to serve greater numbers of low-income New Yorkers, small and cooperatively-owned businesses, limited-equity housing coops, and nonprofit organizations.
What if you had a say in where public money was invested, instead of letting private banks decide where to invest your money? The Public Bank NYC coalition is committed to advancing racial, economic and environmental justice, so public money can be invested in sustainable, community-led development and a better future for all New Yorkers. Watch our Board Chair, our CEO discuss Public Bank NYC’s recent launch and the benefits for our communities in the Laura Flanders Show. Watch the full interview here.