Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
New CU in Delaware opens
WILMINGTON, Del. (3/20/12)--A new federal credit union--Stepping Stones Community FCU in Wilmington, Del.--opened Friday.

The credit union was created through a partnership between the Delaware Community Reinvestment Action Council (DCRAC), non-profit organizations, Delaware's financial services industries and Wilmington Community leaders.

U.S. Rep. John Carney and U.S. Sens. Tom Carper and Chris Coons (all D-Del.) Friday joined those organizations to celebrate the grand opening of the credit union.

Stepping Stones FCU's goal is to assist local residents in entering mainstream banking and give them the financial tools to improve their economic situations, the credit union said in a press release.

Membership in the credit union is open to people who live, work, worship, go to school or have an interest in alleviating poverty in Wilmington.

For $5, members can open an account at the credit union and have access to other financial education programs provided by DCRAC.

"Having access to bank services and affordable credit is critical to helping families escape poverty," said Carney, who serves on the House Financial Services Committee. "Part of the challenge is encouraging those in the community to take advantage of the savings and smart money management opportunities that [credit unions] provide."


RSS print
News Now LiveWire
3 Atlanta fed judges recuse themselves from Home Depot data breach suits via @AtlBizChron http://t.co/lfPgOXZ7sO
8 hours ago
How may falling gas prices impact the U.S. economy? Find out tomorrow in #NewsNow #Market http://t.co/Q9ec9DGLDN
8 hours ago
News of the comp. for tomorrow: Big bank unveils plans for massive $6.5 billion new headquarters #NewsNow #Market
10 hours ago
Consumer confidence surges to 7-year high #NewsNow #Market http://t.co/fMEENGuWPi
11 hours ago
Charlotte Cash, CEO of @COFCU , is engaging members by producing videos on various subject of financial interest to members.
11 hours ago