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CU System
Mid Cities CU granted 30K by national aging council
COMPTON, Calif. (7/22/11)--Mid Cities CU, Compton, Calif., received a $30,000 grant from the Economic Security for Low Income Aging through the National Council on Aging (NCOA). The grant assistance will “help our aging members to reach their financial goals,” said Melia Keller, Mid Cities president/CEO. “With 26% of the credit union’s members over the age of 65 with an additional 8% turning 65 within the next five years, the grant will allow the credit union to implement senior programs and counseling to better assist our core group of members.” At this time, the programs at the $25 million asset credit union have not been launched, Spencer Shimasaki, Mid Cities marketing administrative specialist, told News Now. “We’re looking at offering travel discounts and improving financial literacy in areas such as financial planning and budgeting,” he added. “These ideas are based on comments from member surveys in which seniors said they wanted a rewards club and senior discounts [on the credit union’s products and services].” NCOA is a nonprofit service and advocacy organization headquartered in Washington, D.C. Its mission is to improve the lives of older adults, especially those who are vulnerable and disadvantaged. NCOA works with thousands of organizations nationwide to help seniors find jobs and benefits, improve their health, live independently, and remain active in their communities. It brings together nonprofit organizations, businesses and government to develop solutions.
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