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How Can We Help: Community Development Credit Unions – A Different way to “Bank”
April 25 @ 2:00 pm - 3:00 pm
AT LIFELONG (FREE)
Description: Of the approximately 11,500 insured banks and credit unions in the United
States, only 237 of these institutions are community development credit unions
(CDCU’s). CDCU’s exist to serve primarily low and moderate income people and
communities. They do this by providing fairly priced, non-exploitive loans and deposit
services coupled with financial education and programs to help people build their
financial capabilities. Karl Graham, Director of Community Programs and Outreach for
Alternatives Federal Credit Union, our only local CDCU, will explain how Alternatives
improves our community and the lives of the people who live here.
Presenter: Karl Graham is the Director of Community Programs and Outreach for Alternatives
Federal Credit Union. Alternatives Federal Credit Union is a low income designated,
community development credit union and is a certified Community Development
Financial Institution. He joined Alternatives staff in March, 1985. Alternatives’
Community Programs Department provides financial and credit counseling, matched
savings accounts, free tax preparation, business development and consulting services,
school credit union branches and youth and adult financial education.