Let’s make this happen!
To get this new community organizing credit union open we need to raise, through donations, our start-up and operating expenses for the first few years.
We are partnering with Cooperative Development Services (CDS) to raise the money for these expenses through their 501(c)(3), the Cooperative Development Fund of CDS. See below for more details.
How to give online
Our donation form below is embedded here from the CDS GiveMN page, so you will need to take an extra step:
In the “Tribute or Memorial Dedication” box (on the second step of the form), you will need to write Riverwest.
This ensures that CDS knows the donation is for our effort in the 53212 zip code, and not for another worthy project. After you have made your donation, please complete this for form (click here) and send it to the address below – or contact us and we will get one to you.
After you donate . . .
Your donation may appear on your card statement as “K Give MN”.
How to donate by check or money order
We would gladly accept checks, money orders, or other forms of payment for donations. However you donate, make sure to complete this form. Make all checks or money orders to “Cooperative Development Fund of CDS,” then contact us or send any letters to:
New Economy Credit Union Organizing Committee
P.O. Box 72093
Milwaukee, WI 53212
The credit union needs to raise donations to support its initial operation before it becomes profitable, and other start-up costs. Many new businesses will seek investment money from Wall Street fatcats to support their initial operation. With Wall Street investment comes Wall Street control. Our credit union will be owned by the people of the 53212 ZIP Code, not Wall Street.
After the credit union opens, it will begin making loans, and generating income from interest on the loans. The credit union will be a self-sustaining business at that point. We will have expenses on day one, but no income – that’s why we need to raise money.
For more information, visit our donation page.