Wealth Building Home Ownership Business Growth Community Development
Fair Break will be a community based banking experience unlike any other. Click Here and Learn what makes Fair Break Federal Credit Union the right choice for you.
1. Red liners (banks) and group lenders (corporate credit unions).
2. Poverty assisters (check cashers, pawn shops & liquor stores).
3. Predatory lenders (title & payday lenders).
With low-income designated, community Credit Union options such as low interest loans and relaxed credit score ratings, free check cashing for members, and the National Credit Union Administration’s payday alternative loans (PAL), much needed financial relief will be available to low-to-moderate wealth members and their communities.
It is simply “Cooperative Economics.”
The pandemic has caused banks to curtail in-person visits at some locations (classified as inactive), the supply side of the market is steady. There are some shifting of branch locations (away from the inner city) that present opportunities for Fair Break PFCU to get buildings that are already operationally ready to use.