Commitment to Action

West Side Financial Capability Center

Commitment by

National Federation of Community Development Credit Unions

In 2016, the National Federation of Community Development Credit Unions (the Federation) committed to launching the West Side Financial Empowerment Center. The West Side Financial Empowerment Center will open its doors in early 2017 in the West Side of Atlanta. Access to affordable financial services is extremely low in the West Side neighborhoods of Atlanta, GA where 44% of adults live below the poverty line. The Center will provide financial counseling well as access to responsible financial products such as accessible checking and savings accounts, payday alternative loans, and microenterprise loans to 600 low-income residents of the West Side by May 2019. This commitment was made possible by Equifax, which has provided $450,000 in grant funding to design and launch the Center.

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Overview
Summary

Commitment

West Side Financial Capability Center

Launched

2016

Est. Duration

3 years

Estimated Total Value

$1,375,500

Region

Northern America

Countries

United States

Commitment by

National Federation of Community Development Credit Unions

Partner(s) of the Commitment Maker(s)

MetLife Foundation, Equifax Inc., Neighborhood Trust Financial Partners