
Vice President addresses importance of small businesses, community lenders
Community lending initiatives are grassroots movements to connect communities to economic opportunities, according to Senior Vice President of the Latino Community Credit Union Vicky Garcia — but for places like Alamance County, they are few and far between. The LCCU is a community development financial institution with a primary mission to provide local communities with ethical financial products and education to “empower and ensure” economic opportunity for all, according to its mission statement. The first branch opened in 2000 and in 2020 exceeded $594 million in assets.