CDFI Award Is Helping Staff Small CU
ST. LOUIS -- For the first time ever, Choices Federal Credit Union is looking forward to hiring some staff.
The three-year-old, $277,000-asset community development credit union has managed with volunteers so far. Volunteers provide teller services for the eight hours a week (over two days) that the credit union is open. They keep the books and juggle the regulatory requirements that Chairman Phillip Minden said actually take up more time than helping members. And volunteer manager/CEO Kathy Schweitzer, keeps the place organized and moving forward day-to-day.