NIDC Partners with Lower East Side People’s Federal Credit Union to Expand Financial Access in the Bronx
NIDC Partners with Lower East Side People’s Federal Credit Union to Expand Financial Access in the Bronx
Bronx, NY – 04/02/2025 – NIDC is partnering with Lower East Side People’s Federal Credit Union to expand access to affordable financial services in the Bronx. This partnership allows NIDC clients and program participants to become credit union members, providing them with lower-cost banking services, financial education, and resources to support long-term financial stability.
With the opening of the Bronx satellite branch of the LES People's Federal Credit Union, the borough has a new option for accessible banking. NIDC clients can contact us at hello@nidcny.org for assistance when applying for membership.
“This new satellite branch location and our partnership creates more financial opportunities for Bronx residents,” said William Foster, Executive Director of NIDC. “Having access to reliable banking services is a critical step toward financial stability for individuals and families in our community.”
The new satellite branch was developed through a collaboration between Lower East Side People’s Federal Credit Union and the Bronx Financial Access Coalition, an initiative focused on improving financial inclusion in the borough.
Ribbon-Cutting Event on April 4: Lower East Side People’s Federal Credit Union and its partners will host a ribbon-cutting event to celebrate the new satellite branch:
Location: 941 Intervale Avenue, Bronx, NY
Date: Friday, April 4, 2025
Time: 11:00 AM – 1:00 PM
Community members are invited to attend, meet credit union staff, and learn more about available financial services. Registration is available online: https://shorturl.at/TPUJx
The Bronx People's Federal Credit Union satellite branch is now open Monday through Friday, 9:00 AM – 4:00 PM, in the Longwood section of the Bronx.
About NIDC: Founded in 1982, the Neighborhood Initiatives Development Corporation (NIDC) is a Bronx-based nonprofit dedicated to strengthening individuals, families, and neighborhoods through a dynamic and holistic approach to community development.
About Lower East Side People’s Federal Credit Union: Established in 1986, Lower East Side People’s Federal Credit Union provides affordable financial services to underserved communities in New York City, supporting economic growth and financial stability.