Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
New Ohio Latino CU awarded 50000 from Toledo foundation
DUBLIN, Ohio (8/7/09)--A Toledo, Ohio, foundation has awarded a grant to an Ohio-based credit union that is being established to help Latinos in the Northwestern part of the state. The credit union, Nueva Esperanza (New Hope) Community CU, would be the first new state-chartered credit union in Ohio in more than 20 years that serves an area in which more than half of area households are low-income. Toledo Community Foundation provided $50,000 to Nueva Esperanza on the condition that the credit union raises an additional $100,000, receives its charter, and obtains federal deposit insurance, said the Ohio Credit Union League (eLumination Aug. 5). The application was written by a grantwriter funded by the Ohio Credit Union Foundation, which obtained a $69,500 Innovation Grant from the National Credit Union Foundation (NCUF) for the credit union earlier this year. "Nueva Esperanza Community Credit Union will be a real asset to South Toledo," said Steve Bosack, NCUF deputy dirctor. "The credit union's presence will help residents achieve financial literacy, establish credit, and build savings. With so much support coming from within the community, the credit union will also serve as a source of community pride."


RSS print
News Now LiveWire
Stay tuned for coverage of @CUNA's BSA conference which starts Sunday. #CUNABSA #CUNACompliance
19 hours ago
Today's the last day to complete @CUNA's Home Depot data breach survey http://t.co/UcB8G9bVXe #StoptheDataBreaches
21 hours ago
Brenda Davis of Cross Roads Ministries will walk through 83 communities during the Ending Hunger Walking tour. (2 of 2)
22 hours ago
The Ending Hunger Walking tour, coordinated by the Maine CU League, kicked off at Old Maine CU in Augusta today. (1 of 2)
22 hours ago
Darwin Brokke of Citizens Community CU represented the #CU Association of Dakotas at a housing summit hosted by @SenatorHeitkamp
22 hours ago