New CDCU For Latinos Planned In Toledo, Ohio

Published January 30, 2009, 1:12 p.m. EST

Updated August 27, 2020, 12:50 a.m. EDT

1 Min Read

TOLEDO, Ohio-The National CU Foundation has awarded a $69,500 Innovation Grant to the Ohio CU foundation to help develop a credit union for Latinos in northwest Ohio, which would be the first new state charter in decades.

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Organizers of Nueva Esperanza (New Hope) Community CU have applied for a charter to the Ohio Division of Financial Institutions which would serve the state's region's growing Latino population, which has more than doubled since 2000. The group hopes to opens its doors by June.

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