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Self-Help Credit Union, Mangum Street Grand Rededication (Durham)

May 23, 2018

Where:  601 S. Mangum Street, Durham, NC

When:   Wednesday, May 23, 2018

8:30 a.m.   Recycling electronics and confidential documents

10 a.m.  Ribbon cutting and re-dedication, with the Honorable Steve Schewel, Mayor City of Durham    

What: Self-Help strives to create and protect economic opportunity for all, with work that benefits communities of all kinds, especially those who may be underserved by conventional lenders. We’re proud to rededicate our newest branch at 601 S. Mangum Street in downtown Durham.

This branch will bring a boost to greater Durham and the larger community. The grand opening culminates an extensive renovation project, with an investment of over $300,000.

Who: Self-Help is a leading national community development financial institution headquartered in Durham, NC. We help families and neighborhoods grow and thrive, we provide fair and affordable financial services; we help renters become homeowners; we help small businesses grow and create jobs; we convert neglected buildings into community assets.  We also advocate for responsible lending policies that help all people, especially people of color and families with low-to-moderate incomes.

Since 1980, Self-Help has provided over $7 billion in financing to 146,000 families, individuals and businesses. We help drive economic development and strengthen communities by providing responsible financial services; lending to individuals, small businesses and nonprofits; developing real estate; and promoting fair financial practices across the nation. Through our credit union network, Self-Help serves over 147,000 people in North Carolina, California, Illinois, Wisconsin, and Florida. 

Self-Help Credit Union (NC, FL) 

Self-Help CU was founded in 1984, with $77 in proceeds from a bake sale. It initially focused on helping small businesses and home buyers in under-served communities, and expanded into retail financial services and consumer lending. Since 2004, Self-Help CU has merged with eleven community-focused credit unions; it now serves some 70,000 members through 26 branches and 5 offices in NC and FL.

Learn more at www.self-help.org.

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FOR MORE INFORMATION, CONTACT:

Jenny Shields,

Director of Media Relations

Direct Line: 919.794.6798

Email: Jenny.Shields@self-help.org

     

About Self-Help

Self-Help is a leading national community development financial institution headquartered in Durham, NC. Since 1980, Self-Help has provided over $8.5 billion in financing to 150,000 families, individuals and businesses. It helps drive economic development and strengthen communities by providing responsible financial services; lending to individuals, small businesses and nonprofits; developing real estate; and promoting fair financial practices across the nation. Through its credit union network, Self-Help serves over 150,000 people in California, Florida, Illinois, North Carolina, South Carolina, Virginia, and Wisconsin.

The nonprofit Center for Community Self-Help is the umbrella organization for the Self-Help family of nonprofit organizations, which includes Self-Help Credit Union, Self-Help Federal Credit Union, Self-Help Ventures Fund and the Center for Responsible Lending.