X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ITHACA, N.Y. – Senator Hillary Clinton (D-N.Y.) visited the $47 million Alternatives FCU on October 25 to recognize Alternatives’ recent $1.4 million grant from the U.S. Treasury Department’s Community Development Financial Institution fund. The CDFI money will go to help Alternatives continue to grow its services and increase lending to small and micro businesses, according to the credit union. Senator Clinton has shown an interest in this sort of lending and development work. About 200 people were on hand to hear her brief remarks, the CU said. Before speaking to the community, Clinton walked through the credit union lobby where 20 small business members had set up displays for her to view. From an organic farmer to a pastry chef and barbecue ribs restaurant owner, each member business had an opportunity to discuss small business with Clinton. While speaking to the community, Senator Clinton praised the credit union for its devotion to small and micro-businesses. “Now, more than ever, Alternatives Federal Credit Union is a much-needed resource for New York’s entrepreneurs. This most recent award is further proof that Alternatives is an invaluable tool that will continue to help stimulate economic activity in the region.” She continued, “We need anything we can in a globally competitive market like ours, where we are losing so many jobs, and where we need to create good paying jobs to take their place. The biggest engine for that will be small-business growth, so we need to do more, not less, to support small business, and Alternatives is showing us how to do that.” -

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 © 2019 ALM Media Properties, LLC. All Rights Reserved.