Thursday, July 21, 2011

Freedom First Gets Funds for Roanoke Micro Branch

Freedom First Credit Union has been awarded $850,000 by the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) to establish a Micro Branch in the Hurt Park neighborhood, the most economically distressed community in Roanoke.

Freedom First Credit Union is the only local award recipient, and one of only 155 nationwide. "This award will assist in providing the necessary funding to continue our extensive community and economic development initiatives in the local community,” says Paul Phillips, President/CEO of Freedom First Credit Union.

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