High School Branch In Low IncomeCommunity

Register now

WASHINGTON - (09/28/04) -- HEW FCU said it will open its firstin-school branch in a low-income Washington, D.C., neighborhoodnext month The 'Warrior' branch, inside Woodson Senior High School,will be named for the school's mascot and will provide financialservices and financial literacy to the school's students, facultyand parents. The $125 million credit union, sponsored by the U.S.Department of Health, Education and Welfare, is based in nearbyAlexandria, Va., but was authorized by NCUA last year to serve theentire city of Washington as an underserved area.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER