Community Choice FCU to Offer Micro Loans

INDIANAPOLIS - Small business owners will have another resource for micro loans thanks to a new fund co-created by Community Choice FCU. The $6 million credit union, along with the Neighborhood Self-Employment Initiative and the Local Initiatives Support Corp., joined together to create the Indianapolis Microloan Fund. Existing businesses and...

By Staff Writer | April 19, 2005 at 08:00 PM

INDIANAPOLIS - Small business owners will have another resource for micro loans thanks to a new fund co-created by Community Choice FCU. The $6 million credit union, along with the Neighborhood Self-Employment Initiative and the Local Initiatives Support Corp., joined together to create the Indianapolis Microloan Fund. Existing businesses and start-ups in Marion County here are eligible to apply for the loans, which range from $500 to $10,000.

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

1 Overdraft Rule Overturned: President Trump Signs Resolution Nullifying CFPB Regulation

2 Disposition of Credit Union Tax Exemption Draws Near

3 CFPB to Withdraw Dozens of Guidance Documents

4 Former Credit Union Employee Who Oversaw Fraud Alerts Sentenced for Embezzlement

5 Tanya Otsuka Speaks Out in First Interview Since Termination From NCUA Board

Consulting
Consulting Top Consultants 2025
June 26, 2025 - New York

Consulting Magazine identifies consultants that have the biggest impact on their clients, firms and the profession.
More Information
Real Estate
GlobeSt. ELITE Women of Influence (WOI) 2025
July 21, 2025 - Denver

GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.
More Information
Real Estate
GlobeSt. Multifamily Fall 2025
October 15, 2025 - Los Angeles

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
More Information

Kevin Brueseke of Missouri’s CECU to Retire This Year

By Natasha Chilingerian | May 13, 2025

As Brueseke concludes a 44-year career in the credit union industry, the search for his successor begins.

Kevin Brueseke of Missouri’s CECU to Retire This Year

20 Credit Union Professionals Make Big Career Moves

By Natasha Chilingerian | May 13, 2025

Today’s news includes a 50-year work anniversary and eight board appointments.

20 Credit Union Professionals Make Big Career Moves

Credit Union Tax Exemption Dodges Tax Bill

By Jim DuPlessis | May 12, 2025

Credit unions are hopeful as the contents of the 392-page tax bill shows the issue stays out.

Credit Union Tax Exemption Dodges Tax Bill

5 Steps to Banking App Success link

White Paper

Sponsored by Elan Credit Card

5 Steps to Banking App Success

Did you know that nearly three-quarters of all banking interactions now happen through digital channels? A well-designed mobile banking app is no longer optional -- it’s essential.

Browse More Resources ›

The 2025 Digital Banking Performance Metrics Report link

Report

Sponsored by Alkami

The 2025 Digital Banking Performance Metrics Report

What’s going on in digital banking? This sixth edition report explores KPIs and metrics to gauge your credit union’s progress, effectiveness, and efficiency in digital banking services.

Browse More Resources ›

Speed Item Processing, Lower Costs, and Mitigate Fraud link

Infographic

Sponsored by Alogent

Speed Item Processing, Lower Costs, and Mitigate Fraud

Discover a better way to manage deposits from all channels--faster, more cost-effective, and fraud-resilient. This quick-read infographic shows how credit unions can streamline operations, reduce software maintenance, and protect against check fraud using modern automation and a single platform.

Browse More Resources ›