WASHINGTON — Bill Myers, retiring CEO of the $52 million Alternatives Federal Credit Union, headquartered in Ithaca, N.Y., already seems poised to hit the ground running as one of the new Field Coaches with the National Credit Union Foundation's REAL Solutions program.
According to Foundation Executive Director Steve Delfin, Myers has already begun working with Federation staff to develop other products and services that CUs can more easily offer their lower income members by using the REAL Solutions program platform. Some of these include citizenship loans, first and last rent loans and different sorts of mortgage products.
Myers has also begun working with his other post-Alternatives organization, the Aspen Institute, to explore how feasible it might be for CUs to offer a lower cost sub prime auto loans which could be offered to lower income members at a fairer price than many other lenders currently charge.
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