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CU System
ASI FCU to host local Night Out Against Debt
HARAHAN, La. (10/16/08)--ASI FCU, a local leader in the world of community development financing, announced that it will be hosting a Night Out Against Debt on Nov. 6. The evening will feature a screening of the documentary film “Maxed Out,” as well as food, prizes, and information to help people better their financial situations. The timing of this event could not be more appropriate, in light of the financial crisis facing our nation, said the credit union. “There is no doubt that the recent economic downturn is cause for concern,” said Mignhon Tourné, president/CEO of local ASI FCU. “At the same time, an opportunity has been created for all Americans and financial industry leaders to take a serious look at how we manage our money.” “ASI has a long, solid history of serving the underserved and promoting economic empowerment and asset accumulation,” added Tourné. “By hosting the upcoming Night Out Against Debt, ASI FCU hopes to draw attention to the irresponsible lending practices that so many financial service providers have used to the detriment of the American people. More importantly, ASI staff hopes to show local citizens what they can do to more easily manage their finances and rebuild their credit.” “Maxed Out” takes viewers on a journey deep inside the American style of debt. With coverage that spans from small American towns all the way to the White House, the film shows how the modern financial industry works, explains the true definition of “preferred customer” and explains why the poor are getting poorer while the rich keep getting richer, the credit union said. Hilarious, shocking and incisive, “Maxed Out” paints a picture of a nightmare, which is real for some Americans. Following the movie screening, ASI staff members will be on hand to offer free counseling on debt and financial management. Tickets to the event are free, but must be reserved by calling 504-733-1733, ext.79210. ASI FCU is based in Harahan, La., and has $280.3 million in assets.
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