Just a few days ago, Urban Milwaukee posted an article about our efforts so far. Thank you, Isiah Holmes for the good write-up!
Drum roll please . . . .
Here it is! We’ve worked hard to bring you the business plan for the proposed New Economy Credit Union.
Click on this link to view the PDF: Business Plan NE CU Version I-12.4.17
We’ve got some exciting news to share with you.
The Riverwest and Harambee Credit Union is now New Economy Credit Union
We’ve changed our name to be more reflective of our values and vision—creating a new and democratic economy. We found that our former name was quite a mouthful and also excluded residents of the 53212 zip code who don’t live in the Riverwest or Harambee neighborhoods.
With input from friends and neighbors, the Organizing Committee unanimously voted to change the credit union’s name to New Economy Credit Union. Check out our new website as well: neweconomycu.org. Make sure to like us on facebook and follow us on Twitter!
We’re thrilled to share this news with you, and if that weren’t enough, we’re also delighted to say that we are less than one hundred dollars short of raising $10,000 in start-up capital. If you’d like to help us get all the way to $10k, please make a donation today!
Be a leader in this movement! We are looking for people to serve on our Organizing Committee, which will become the board when we open as a business. You can help make this credit union a reality. Send a letter of interest and a resume to firstname.lastname@example.org, or give us a call at 414-949-8756.
We have been moving forward considerably. You may remember that in March and April, we conducted an online market survey of our potential membership. We’ve been looking at the data, and have complied it for us to begin our analysis. A special thanks to Alex Hagler and Alex Brower on the Organizing Committee for putting in a lot of time!
We’ll use these results to create our pro forma financial projections, and determine how many members we will have. We’ll use that information to complete our business plan.
Check out the New Economy Credit Union Market Survey Results here! We’d love your thoughts, questions, comments or concerns. Please contact us with any thoughts. Our initial look at these numbers shows that people want this credit union, and we will be a very healthy financial institution!
Thank you to all of our supporters who stopped out at our booth to say hi at Center Street Daze!
Mayor Barrett stopped by:
Spike Bandy, the “Mayor of Riverwest” said hello:
Caressa from Bublr Bikes said hi:
Yesterday, thousands of immigrant workers and their supporters marched here in Milwaukee to fight for a better economy and an end to discrimination! We support you!
Give it to Sarah Silverman to give a bunch of great reasons to join a credit union!
The Organizing Committee of the proposed Riverwest & Harambee Credit Union will be hosting an information session on June 27 from 6:00 – 8:00 PM, location TBD.
Bring your questions and thoughts about our effort. This will be a chance for you to meet our organizing committee, and hear in-depth details about how we are going to start Wisconsin’s newest credit union!
For more information, call Alex Brower at 414-949-8756 or contact us.