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News Now

Washington
CU exec tells of strength outreach in Hill forum on capital access
WASHINGTON (9/24/09)--Municipal Credit Union board member Shirley Jenkins was one of several attendees at a congressional Access to Capital forum organized by Rep. Yvette Clark (D-N.Y.) on Wednesday in Washington. During the forum, which was organized to explore the impact of the
Click to view larger image Municipal CU board member Shirley Jenkins, participating in a congressional Access to Capital forum organized by Rep. Yvette Clark (D-N.Y.), tells attendees of the positive impact of her credit union’s outreach efforts. (CUNA Photo)
credit crunch on minority-owned businesses, Jenkins detailed the strength of her credit union when compared to banks. Jenkins also commented on the assistance that her credit union provides to members that are looking to start their own businesses and told attendees of the positive impact that is created by Municipal CU’s community outreach endeavors, which teach financial responsibility to their members and local youth. The Credit Union National Association has also worked to increase financial literacy among both the young and old through its Personal Finance Initiative. Other forum participants included Federal Deposit Insurance Corporation Director of Diversity and Economic Opportunity Michael Collins, Operation HOPE’s Lance Triggs, and City First Bank of DC CEO Dorothy Bridges.


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