Sunmark FCU Offers Financial Education ToPublic Housing Authority

September 19, 2005, 1:00 a.m. EDT 1 Min Read

SCHENECTADY, N.Y. - (09/19/05) -- Sunmark FCU announced Friday it islaunching a financial literacy campaign for tenants of theSchenectady Municipal Housing Authority. The credit union willprovide financial education to tenants of low-income housing andoffer them expanded opportunities for deposit accounts, accrueassets, and help them manage their finances. The local housingauthority owns and operates 1,007 units of public housing and alsoadministers more than 1,300 Section 8 Housing ChoiceVouchers.

For reprint and licensing requests for this article, click here.

MORE FROM AMERICAN BANKER

Bank stocks

Bank stocks rise on Fed's first rate cut of 2025

The Federal Open Market Committee's decision to reduce interest rates for the first time in nine months lifted bank stocks Wednesday. The 25-basis-point reduction could lead to net interest income headwinds now, but loan growth later, analysts said.

By Allissa Kline

16m ago
Community banking

New York bank doubles down on insurance with big investment

Community Financial in Syracuse has made its biggest investment ever in an outside company, taking a $37.4 million equity stake in an insurance provider that focuses on the rental housing market.

By John Reosti

40m ago
Stablecoin

Minnesota credit union is launching its own stablecoin

St. Cloud Financial Credit Union will be issuing its own stablecoin at the end of this year, becoming one of the first U.S. credit unions to do so.

By Melinda Huspen

1h ago
Apple Pay

Affirm, Klarna, deepen ties with Apple

The two BNPL giants' pay-over-time loans will now be available for in-store purchases on Apple Pay in a move to capture more sales at brick and mortar stores.

By Joey Pizzolato

2h ago
NYDFS

NY regulator tells banks to monitor customers' crypto risk

State regulator says blockchain tools are key to detecting money laundering and sanctions violations.

By Carter Pape

2h ago
Payments

A battle over stablecoin caps is brewing in the U.K.

The Bank of England may cap ownership, drawing ire from crypto groups that claim that will hinder innovation.

By John Adams

2h ago