Search
 

Chicago CDCU Honored For Its Efforts

CHICAGO - The North Side FCU, a $9 million community development credit union headquartered on the north side of Chicago, has been awarded a $10,000 grant as part of a Chicago Neighborhood Development Award. Awards are given in five categories by a juried process that includes representatives of the architectural,...

By Staff Writer | Updated on February 17, 2004

CHICAGO – The North Side FCU, a $9 million community development credit union headquartered on the north side of Chicago, has been awarded a $10,000 grant as part of a Chicago Neighborhood Development Award. Awards are given in five categories by a juried process that includes representatives of the architectural, financial, government and development leadership of the city. North Side is the first financial institution to be recognized in the CNDA’s 10 year history, the credit union said. The award was given at the CNDA event, for which Mayor Richard M. Daley was the keynote speaker and which attracted more than 1,200 of the city’s civic, corporate and philanthropic leaders to a ceremony at the Sheraton-Chicago Hotel and Towers. “I think it makes the point that affordable financial services are a key part of what builds a healthy, vibrant community,” said North Side CEO, Ed Jacob. “A good credit union helps keep dollars in the community. I honestly believe there is lots of money flowing in low-income communities; it just doesn’t stay here long,” he added.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.