Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
ASI FCU working on Web micro-lending pilot
NEW ORLEANS (11/28/07)--ASI FCU in New Orleans is working to create a Web-based micro-lending pilot program that will assist small businesses trying to reopen and foster growth of start-up businesses. Shannon Cian, community development specialist for ASI FCU, delivered a keynote address on disaster preparedness during the National Association of Credit Union Service Organizations’ (NACUSO) third annual Business Services Collaborative Nov. 7-9 in New Orleans. She recounted the impact Hurricane Katrina had on ASI’s membership, employees and the credit union’s viability in the weeks and months following the disaster. “You always want to have a disaster plan in place,” Cian said. Cian detailed ASI’s efforts to help members, including offering “workout loans” for members with severely overdrawn accounts who wanted to re-establish their membership with the credit union and building new branches to serve the Asian-American and Latino communities. ASI also created A Shared Initiative Inc., a foundation dedicated to anti-poverty programs and the rebuilding and redevelopment of the Upper Ninth Ward, where many of its members resided when the hurricane hit.
Other Resources

RSS print
News Now LiveWire
The Hill reports House Republicans plan to delay Aug. recess to stay in D.C. until they have enough votes to pass bill on border crisis.
12 hours ago
The FHLBs of Des Moines and Seattle announce they have entered into an exclusivity arrangement regarding potential merger of the 2 entities.
13 hours ago
SunCorp and @AlloyaCorp have announced their intent to merge.
15 hours ago
.@TheNCUA bars former employee of Southwest Communities FCU,Melissa Rosing,from work at any federally insured FI. http://t.co/owtVnPxVZT
15 hours ago
Fryzel added @TheNCUA is fed. governmt, thereby will B criticized, but always tried 2 do what is right. McWatters still 2 B sworn in.2of2
18 hours ago