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Choices Federal Credit Union
4471 Arco AvenueSt. Louis MO, 63110-1601
CDFI Awards for Choices Federal Credit Union
FA (2008) - $111,324
Choices Federal Credit Union (Choices FCU) is a nonprofit, federally insured Community Development Credit Union in operation since 2005. Choices FCU is a certified CDFI serving employees, volunteers, clients and family members of social service organizations in the St. Louis, MO-IL Metropolitan area. It will use its FY08 Financial Assistance award of $25,000 to strengthen its capital reserves and its FY08 Technical Assistance grant of $86,324 to support staff costs, upgrade loan servicing software and pay for travel to remote branch locations to better serve its Target Market.
TA (2005) - $49,500
The 2005 TA award of $49,500 will help the credit union strengthen its operations by engaging a consultant to develop loan policies and procedures, acquire additional technology enabling it to open a remote traveling branch, and send its staff and board to training in credit union operations.
Other Community Development Financial Institutions in Missouri
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Choices Federal Credit Union
St. Louis
Great Rivers Community Capital
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HFHI-SA NMTC I, LLC
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MBS Urban Initiatives CDE, LLC
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Missouri Family Credit Union
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St. Louis Development Corporation
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Travois New Markets, LLC
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USBCDE, LLC
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