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.
On December 14, we are having our first fundraiser! Join our Organizing Committee as we partner with the Riverwest Neighborhood Association to raise money for our new credit union.
Wednesday, December 14
6:30—8:30 PM at Gordon Park Pavilion
(2828 North Humboldt Blvd., MKE, 53212)
After a short RNA meeting, we will have our fundraiser.
Food and refreshments provided.
Hear from our Organizing Committee, learn about our new credit union, and help us grow an economy that works for everyone.
Credit Union Champion: $2000
Credit Union Rockstar: $1000
Credit Union Kickstarter: $500
Credit Union Founder: $250
Credit Union Supporter: $150
Credit Union Friend: $30 (Suggested donation at door)
No one will be turned away who can not pay—we’d love to have you there!
Contact us to support the credit union at one of these levels. All donations to the Riverwest & Harambee Credit Union Organizing Committee are income tax deductible. At this event, we can accept cash, check, money order and all major credit cards. Please make all checks and money orders to Cooperative Development Fund of CDS.
We are ready to make this new credit union a reality! Rick Banks, Jacqueleen Clark, and Alex Brower announced the launch of our fundraising efforts on October 8, 2016 at the Rivewest Cooperative Alliance’s Co-op Fest.
We are closer than you think to starting Wisconsin’s newest credit union.
We are not just creating any kind of credit union, however, we are creating a Community Organizing Credit Union. A community organizing credit union will provide financial services, help foster new cooperatives, and organize our community to stand up to the banksters and Wall Street.
As a community organizing credit union, we will work to create economic democracy: the idea that workers and communities that create wealth should decided how that wealth is used.
We are the first to call ourselves a community organizing credit union, but not the first to practice it.
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”.
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.
The banksters at the top gambled and lost, and the rest of us paid for it.
To change the fundamentals and stop the reckless behavior that got us into this mess, we need a democratic and cooperative economy. When communities and workers create wealth, they should decide how that wealth is used – not some shareholder or fatcat. We are doing a part to make this happen here in Harambee and Riverwest. That is why this effort is so important – opening this new credit union will be a statement to the banksters, Wall Street, and the richest 1% that we are fed up!