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El Futuro Credit Union
182 North Main St.Porterville CA, 93257-3726
CDFI Awards for El Futuro Credit Union
TA (2006) - $46,980
El Futuro Credit Union (EFCU) was established in 1966 by immigrant farmworkers. EFCU"s service area is Tulare County in the San Joaquin Valley of California. EFCU has grown to a membership base of 3,200 and $7 million dollars in assets, providing consumer loans and development services to its Low-Income Targeted Population. EFCU will use the 2006 TA grant of $46,980 to (1) pay for staff training and salary expenses; (2) upgrade its telephone system; and (3) purchase a a check imaging and encoder machine.
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