Updates
Updates
The Economist Features Neighborhood Trust Federal Credit Union on Its Service to Immigrant Community
MOST banks wouldn’t lend to Roberta. She arrived in New York from Mexico with papers but no credit history. But Neighborhood Trust Federal Credit Union, which specialises in lending to immigrants, gave her advice and a $2,000 loan. She started [...]
Banks Reject New York City IDs, Leaving ‘Unbanked’ on Sidelines
Nearly a year ago, Mayor Bill de Blasio proclaimed that a new municipal identification card would help thousands of New Yorkers “lead fuller lives, better lives, lives full of respect and recognition.” More than 670,000 people have obtained the identification [...]
Broad Effort Aims to Expand Financial Services to Low-Income Consumers
WASHINGTON — The Obama administration, teaming with private partners including the Gates Foundation and JPMorgan Chase, announced initiatives on Tuesday to expand banking services to millions of Americans and others worldwide who lack essentials like checking or savings accounts and [...]
Neighborhood Trust Secures $650,000 Grant from JPMorgan Chase Foundation
Neighborhood Trust is thrilled to announce a two-year, $650,000 grant from JPMorgan Chase, through its Foundation. The grant supports our direct service work with low-income clients in New York City and efforts to scale The Employer Solution, including the build [...]
The Andrew Goodman Foundation to Honor CEO Justine Zinkin at 2015 Hidden Heroes Award Ceremony
The Andrew Goodman Foundation (AGF), a civic engagement organization that empowers the next generation to initiate and sustain social action, is pleased to announce that it will honor Neighborhood Trust CEO Justine Zinkin at the 2015 Hidden Heroes Awards. Ms. Zinkin will receive [...]
NYC’s Credit Unions Give Mom-and-Pop Stores a Chance, Despite Gentrification
Norma Ortiz and her daughter Rossy Caba dreamed of opening a bakery in the Lower East Side of Manhattan and succeeded with the help of the Lower East Side People’s Federal Credit Union. Cases like this are relatively rare in [...]
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