X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEW YORK – More than 100 people turned out for the combined grand opening of the Lower East Side People’s Federal Credit Union’s very first branch, on the ground floor of a new cooperative housing effort. The $13 million credit union’s opening took place in conjunction with the opening of Sweet Things Bake Shop, a community entrepreneurial venture run by the Lower Eastside Girls Club. “The Girls Club is part of our field of membership and has the girls open up savings accounts with us,” explained Ivonne Lopez, marketing director for the credit union. “We both got this opportunity for very low rent space in a nicely renovated building from the non-profit housing organization that renovated the space.” The building has housing units on the levels above the credit union and bakery, Lopez explained. Eve Claxton, director of public relations for the Girls Club, said the organization hoped in the future to be able to finance a new building project with the credit union.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.