Banks
Lower East Side neighborhood activists organized the Credit Union in 1986 to fill the void left by the closing of the last bank branch in the neighborhood. Today, LES People’s FCU is a nationally-recognized leader in the credit union and community development financial institutions (CDFI) field. We have received numerous federal CDFI Fund awards to support our growth and expansion, and in 2015, we were selected by Opportunity Finance Network to receive the prestigious NEXT Award.
LES People’s FCU has served more than 90,000 families in neighborhoods such as Lower East Side, Central Harlem, East Harlem, North Shore of Staten Island, Bronx, Jackson Heights and other places, and reinvested over $150 million in housing, business, and consumer loans back into these communities.