Contact Us   |   Sign In   |   Register
Sitewide Search
Sign In


Forgot your password?

Haven't registered yet?

Latest News
Calendar

9/23/2014
Columbia Chapter of CUs - September 23 Meeting

9/24/2014 » 9/26/2014
East Coast Marketing & Business Development Conference

9/25/2014
Southeast Chapter Meeting

10/6/2014 » 10/8/2014
CU Call Center Conference 2014

10/8/2014
Mid-Size Credit Union Roundtable

Seven Principles Blog
Blog Home All Blogs
Search all posts for:   

 

View all (33) posts »
 

Principle 7: Self-Help Credit Union enters lending partnership for women entrepreneurs

Posted By Jeff Hardin, Monday, March 31, 2014
Updated: Monday, March 31, 2014

Principle Seven: Concern for community. Since credit unions are locally owned financial institutions, they are committed to investing in the community.

Self-Help Credit Union announced a partnership with Bank of America and the Tory Burch Foundation to provide loans to female entrepreneurs in North Carolina and three South Carolina counties. The initiative is part of a two-year, $10 million lending effort in selected regions & cities across the country.

Called Elizabeth Street Capital, the funding initiative will provide loans of $1,000 and up to women-owned businesses. Loan recipients will also benefit from mentoring and networking opportunities. Self-Help will administer the loans. 

According to a page posted on the Self-Help web site, businesses all 100 counties in North Carolina, as well as Chester, Lancaster and York Counties in South Carolina are eligible to apply. The Charlotte Observer explored the partnership between Bank of America, the Foundation and the credit union, in its Monday March 31 edition.    



Tags:  Principle Seven  Self-Help Credit Union 

Share |
Permalink | Comments (0)