New Hope Community Development Federal Credit Union

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Revision as of 12:08, 18 May 2024 by Dystopos (talk | contribs) (Created page with "The '''New Hope Community Development Federal Credit Union''' was chartered in 1996 to serve Birmingham's West End community. In 2001 the credit union was awarded $95,000 from the U.S. Treasury Department's Community Development Financial Institutions Fund. The organization was a partner in SouthTrust Bank's Centennial Place non-profit incubator on 19th Street North. In 2009 the credit union had just over 900 members and held approximate...")
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The New Hope Community Development Federal Credit Union was chartered in 1996 to serve Birmingham's West End community.

In 2001 the credit union was awarded $95,000 from the U.S. Treasury Department's Community Development Financial Institutions Fund. The organization was a partner in SouthTrust Bank's Centennial Place non-profit incubator on 19th Street North.

In 2009 the credit union had just over 900 members and held approximately $1.3 million in assets. In July of that year the National Credit Union Administration (NCUA) placed the organization under its conservatorship.

References

  • Underwood, Jerry (July 31, 2009) "West End credit union taken over by regulatory agency." The Birmingham News
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