FITCHBURG -- Workers' Credit Union has made a $20,000 contribution to the alternative lending initiatives of the North Central Massachusetts Development Corporation. In cooperation with local financial institutions, the Development Corporation assists small and minority-owned businesses throughout the region.
"This is a tremendous donation, which will be instrumental to our goal of increasing the economic opportunities available to the residents and businesses in North Central Massachusetts," said David McKeehan, president of North Central Massachusetts Development Corporation.
According to Doug Petersen, president and CEO of Workers' Credit Union, the donation was in keeping with the credit union's goal of doing what's right for the community. "The more we can foster economic opportunities, the more it will help create a stronger and healthier community."
Workers' Credit Union, founded in 1914, is headquartered in Fitchburg. With assets of $900 million, the credit union serves over 70,000 members from fifteen offices.