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NCUA Approves New Low-Income CU

The roughly 73,000 people who live in Wilmington, Del., will likely have another financial institution to choose from later this month when the first CU chartered in 2011 opens its doors.

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The roughly 73,000 people who live in Wilmington, Del., will likely have another financial institution to choose from later this month when the first CU chartered in 2011 opens its doors.

The agency announced it had approved the charter of the Stepping Stones Federal Credit Union last week. When the newly chartered CU opens its doors, expected sometime later in October, the CU will offer multiple savings accounts and variety of loans, including signature loans, used auto loans and share-secured loans.

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