Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

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
Maine credit unions put Food Mobile on the road to relieving hunger in rural areas http://t.co/R0xpt6BAZE
8 hours ago
.@TheNCUA's Matz: PALS should be exempt from Military Lending Act proposal #NewsNow http://t.co/Vy9uNhOIEr
9 hours ago
#NewsNow Iowa loan growth 3 times national bank rate http://t.co/fUvudPLg5d
11 hours ago
.@ICBA tallies its Home Depot data breach costs: $90M, 7.5M cards http://t.co/iJgRDC2AKZ
13 hours ago
.@icul's Jury elected treasurer of @WOCCU exec committee http://t.co/HEF1UChN8f
13 hours ago