Investment banking giant Goldman Sachs has pulled its sponsorship of an event at a New York community development credit union after the credit union added the group Occupy Wall Street to the list of honorees at the event, according to the credit union.

Linda Levy, CEO of the 6,000-member Lower East Side People’s Federal Credit Union said that its 25th Anniversary celebration set for Nov. 3 had been scheduled for more than a year and that the investment bank  had promised $5,000 to help sponsor it.

 

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 © 2023 ALM Global, LLC. All Rights Reserved.