In the mood for a feel-good conversation that truly embodies what credit unions are all about? Then this episode of "Shared Accounts With CU Times" is for you. We sit down with Daniel Betancourt, president/CEO of Finanta Credit Union, a $35.3 million Community Development Financial Institution (CDFI) based in Lancaster, Pa., to learn all about the credit union's strategic approach to serving the underserved – and what inspired its leader to devote his career to advancing financial inclusion.
Betancourt tells the story of how Finanta (pronounced fee-NAN-tah) grew out of a local nonprofit lending organization, becoming an official credit union with its first physical location in 2022. He discusses the embedded strategy behind Finanta's second, newly-opened branch in Philadelphia's Aramingo Village, where community members are hired as team members, the languages of the community are spoken and services identified by the community are offered, as well as other initiatives including micro-loans for businesses and housing development projects.
As a pastor's son with family roots in Puerto Rico and a genuine passion for giving others life-changing financial opportunities, Betancourt is sure to inspire you to do more good in your own community, so don't delay – give this episode a listen!
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