Harrisburg's low-income residents will soon have a community development credit union to call their own, now that the proposed Greater Harrisburg Credit Union has selected a manager and board and gathered nearly $2 million in deposit commitments.
The new credit union should be ready to open its doors by the second quarter of 1999, said Carl Payne, former CEO of the Pennsylvania Housing Finance Agency who has been tapped as manager designee.
Ultimately, the credit union hopes to secure deposit commitments totaling $5 million for the start-up, according to a Nov. 9 credit union status report. And about 1,500 people have completed a survey indicating they support the credit …
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