GLENN DALE, Md. -- NCUA Vice Chairman Rodney Hood personally presented Reid Temple AME Church Federal Credit Union with its new federal credit union charter during a recent service.
The credit union was organized to serve the members and employees of Reid Temple African Methodist Episcopal Church as well as students and employees of Reid Temple Christian Academy. It has a potential membership of 8,000.
"Credit unions have displayed the people helping people philosophy since their inception nearly 100 years ago," Hood said. "The eighty compassionate ministries at Reid Temple have made a positive impact in the lives of its members and the local community by providing hope and empowerment. It is my fervent prayer that this new federal credit union will further provide the fine members of this congregation with hope, empowerment, and opportunity for a better tomorrow."
The new credit union is located at Reid Temple African Methodist Episcopal (AME) Church, 11400 Glenn Dale Boulevard, in Glenn Dale. According to a news release, the credit union was established "to foster greater financial stability for the church members through an emphasis on financial literacy as well as access to credit."