Arrowhead CU Seeks to Boost Black-Owned Businesses

SAN BERNARDINO, Calif. – Arrowhead CU said it is partnering with the Inland Empire African American Chamber of Commerce in a project aimed at strengthening local black-owned businesses. The partnership will include a direct $10,000 payment to the chamber and an agreement to establish $25 youth savings accounts at the credit union with each new chamber membership. The Chamber, which was founded in 1990, will use some of the funds provided by the credit union to play a greater role in connecting area youth to employers and leadership programs. Other provisions of the partnership include joint advertising on Web sites and promotional materials, credit union sponsorship of chamber events and collaboration on future business promotion projects.

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