Extending a financial lifeline, Episcopal Church credit union launches in the Bronx

NEW YORK (RNS) — 'Most of us are not wealthy,' said one local resident. 'It’s impossible for us to get a loan from the commercial banks. So the only opportunity is to go to the loan sharks,' where the interest charged is 'overwhelming,' she said.

Related Keywords

Los Angeles ,California ,United States ,Trinity Church ,New York ,Manhattan ,Americans ,Raquel Davis ,Sam Brownell ,Winnie Varghese ,Copley Square ,Matthew Heyd ,Andrew Dietsche ,Trinity Commons ,Meagan Saliashvili ,Matt Oprendek ,Religion News Service ,Manhattan Morningside Heights At Cathedral Church ,Trinity Church Boston ,Episcopal Church ,National Credit Union Administration ,Episcopal Federal Credit Union ,Philip Episcopal Church ,Diocese Of Los Angeles ,James Episcopal Church ,York Episcopal Federal Credit Union ,Religion News ,Trinity Church Wall Street ,Trinity Wall ,James Terrace ,New York City ,Morningside Heights ,Cathedral Church ,Trinity Wall Street ,