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CU System
CDCU joins no age limit ICU Day campaign
CHICAGO (10/11/11)--North Side Community FCU, with $11 million in assets, Chicago, will launch its “Better Directions: Financial Security Has No Age Limit” campaign on International Credit Union Day, Oct. 20. North Side Community FCU was one of eight community development credit unions (CDCUs) nationwide to receive a grant to enhance the economic security of their low income older members and the disadvantaged aging community. “Better Directions: Financial Security Has No Age Limits” is a national campaign in partnership with the National Council on Aging and National Federation of Community Development Credit Unions. With the grant, North Side Community FCU is expanding its marketing and community outreach efforts to build new relationships; promote new higher-interest savings accounts; make available low-interest, affordable loan products; and develop financial education programs that focus on expense reduction, savings and budgeting for adults aged 60 and older. The Better Directions program is funded by the New York-based Atlantic Philanthropies, through its Aging Program, which seeks to help vulnerable seniors become financially secure and advancing supportive measures by effecting long-term change.
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