NCUA official seal NCUA official seal. (Source: NCUA)

Arlo Washington, a former barber who established a barber college and a financial literacy nonprofit group that morphed into a CDFI, is president/CEO of People Trust Community Federal Credit Union, which will begin serving its first members in early 2023.

The NCUA announced Tuesday it granted a federal charter and share insurance fund coverage for the North Little Rock, Ark.-based credit union, which is sponsored by the People Trust Community Loan Fund, a non-profit CDFI that offers certain loan products to low- and moderate-income communities in the central part of the state.

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Peter Strozniak

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