NEW YORK — The role of credit union partnerships in community development as well as financial services received the attention of an unusual audience on Aug. 24 in Detroit when Clifford Rosenthal, executive director of the National Federation of Community Development Credit Unions addressed a national conference sponsored by the U.S. Justice Department.
The Justice Department's Community Capacity Development Office helps administer the Department's Weed and Seed program, an outreach that seeks to weed out crime and seed impoverished areas with community development. Rosenthal spoke of CU's work in partnerships around the country that further community development, highlighting the work of the $50 million Latino Community Credit Union and the $13 billion State Employees' Credit Union in his remarks.
He also discussed the role the Federation plays in helping CUs further development partnerships and projects.
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"Weed and Seed understands the link between physical security and economic security–building assets also builds security for individuals and families," Rosenthal told the audience. "The Federation's mission is to help credit unions make this possible in communities like yours."
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