In Brief: Rochester Credit Union to Serve Poorer Area

month chartered an institution to serve a low-income area of Rochester, N.Y. Progressive Neighborhood Federal Credit Union was chartered on Oct. 19 to serve a community of 132,251 people in Rochester. Progressive Neighborhood, the sixth federal credit union to be chartered this year, needed the board's approval for the charter because its potential membership was so large.

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