Finanta recently held a ribbon cutting for its first credit union branch in Philadelphia. The location, at 2313 E. Venango St., is fully bilingual in Spanish and English.
Finanta is a 33-year-old community development financial institution advancing economic opportunities for individuals, families and entrepreneurs in low-income communities by offering accessible financial services and education. Finanta – and Finanta Credit Union – design client-driven solutions that foster wealth creation and strengthen community economic development.
At the new credit union, all customer-facing staff are required to be bilingual in English and Spanish.
“Finanta’s strategy is based on being embedded in every community where we have a location, so we don’t tell the community what we’re going to offer, we ask them what they need to succeed,” said Daniel Betancourt, CEO, Finanta. “While we piloted a credit union in Lancaster, the needs of those customers may be different from the needs here, and, as such, our products and services will evolve as we build relationships and longevity in the community around Aramingo Plaza.”
Finanta, through its credit union, will offer financial education workshops in Spanish and English on topics such as budgeting; savings; understanding credit; obtaining personal or car loans; securing a mortgage; and building wealth. ••
