The creation of an Occupy-related credit union in San Francisco is moving forward with a proposed nine-member board now nearly in place, its lead organizer said this week.
"We hope to announce our board members by March 5 and it will include some well-known people in the community who we expect can help us get launched with $500,000 as a startup goal," pledged Brian McKeown, the top Occupy advocate for the proposed People's Reserve Credit Union.
Since November, organizers of People's Reserve, who initially hope to sign up 500 members, have said the CU will serve San Francisco residents, businesses, nonprofits and city agencies.
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:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 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.