NEW YORK (4/30/12)--The National Federation of Community Development Credit Unions and several of its member credit unions highlighted their advantages for individuals looking for affordable financial services and access to credit, during New York City's Green Festival held at the New York City's Javits Convention Center earlier this month.
The event also showcased the economic benefit of financial cooperatives to the communities they serve.
Several New York City-based member credit unions participated, including Bethex FCU, the Lower East Side People's FCU, Union Settlement FCU and United Nations FCU. The federation's table was located near the front of the 20,000 square-foot convention room.
The event--with more than 25,000 visitors attending--afforded the federation and its member credit unions (CDCUs) the opportunity to discuss the benefits of community-based financial cooperatives regarding the advantages available to individuals looking for affordable financial services and access to credit.
The federation's credit union volunteers were among the few exhibitors discussing alternative banking and responsible financial services. They answered questions from interested consumers looking to learn more about the differences between credit unions and banks, the types of products offered at credit unions, where to find their local credit union and how to join.
"It was great to have our volunteers come out and represent UNFCU at this event to discuss our greening initiatives, as well as to support the federation in this UN-declared International Year of Cooperatives," said Pamela Agnone, senior vice president of retail services at United Nations FCU. "There was just so much positive energy filling the exhibit hall, with each organization working to do their part for their communities and the environment."
"This was an extremely successful event," said federation program associate Elizabeth Friedrich, who coordinated the credit union volunteers participating at the festival. "There was a lot of interest in the work that credit unions are doing. We spoke with literally hundreds of attendees about the benefits of banking local through credit unions and handed out nearly all the informational materials we brought with us. Hopefully our member CDCUs will have lots of new members knocking on their doors as a result of our efforts."
The Green Festival--one of the premier sustainability events in the U.S.--hosted more than 100 authors, leaders and educators, including Russell Simmons and Amy Goodman; how-to workshops; cutting-edge films; fun activities for children; organic beer and wine; vegetarian cuisine; and live music.