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NEW Stepping Stones FCU is first newly chartered CU of 2011
ALEXANDRIA, Va. (UPDATED: 9:30 a.m. ET, 10/4/11)--The National Credit Union Administration (NCUA) today announced the first newly chartered credit union of 2011: Wilmington, Delaware-based Stepping Stones FCU. The credit union, which is designated as a low-income credit union, will serve the 72,700 people that live, work, worship, volunteer, attend school or transact business in Wilmington. Stepping Stones is expected to open this month, and initially plans to offer multiple savings accounts, including regular shares, club accounts and share certificates. It also plans to offer a variety of personal loans, including signature, used auto, and share-secured loans, within the first 12 months of operation. Planned future services include share drafts and travelers checks. NCUA Chairman Debbie Matz in a release said she is “pleased to see the outstanding work of so many dedicated people result in a newly chartered credit union,” and added that the agency’s Office of Small Credit Union Initiatives “will offer assistance to help it prosper.” For the full NCUA release, use the resource link.
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