CLEVELAND, Ohio - The July 13 issue of USA Today featured the activity of the privately insured Faith Community United Credit Union as a supporter of the Consumer Federation of America's Cleveland Saves campaign. The credit union is a community development credit union and a leader in the National Federation of Community Development Credit Unions. The Cleveland Saves program is a pilot project of CFA's that seeks to study the effects of promoting savings among lower income families in the Cleveland area. "This program succeeded in making people aware of the necessity to save and build assets, and, especially in defining what an asset is," said Rita Haynes, CEO of the credit union and chairwoman of the Federation's Board. "Many people now realize that assets are not just money, but real estate, IRA's and other things," she added.
Community Development CU Appears in USA Today Article as Part of Savings Program
Want the latest credit union news?
Sign up for our free newsletter today! All the breaking credit union news and information you need to make the right decision for your credit union delivered to your inbox. For free!
Thanks for subscribing, you will start receiving the Daily News Alert tomorrow!
- The 4 Major Designs of the $100 Bill (Slide Show)
- Anonymous May 7 Target List Includes 12 Large Credit Unions
- Theresa Portillo Sentenced to 6½ Years in Prison for Looting Feminist CU
- WesCorp’s Legacy Losses Outpace Other Corporates
- Stacie Wyss-Schoenborn Seeks Innovation One Step at a Time: Women to Watch