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Local Credit Union Receives Award

September 2, 2010

Bethex Federal Credit Union, a non-profit financial intuition which provides low-interest loans and other financial services to thousands of local residents, has been honored with a Louise Herring Award by the Credit Union Association of New York.

The state-wide competition recognized credits unions which successfully adhere to the “people helping people” philosophy, the hallmark of the credit union movement. Bethex won second place in the under $50 million in assets category.

Bethex was founded in 1970 by Joy Cousminer, who saw that low-income women often relied on pawn shops and loan-sharks. Cousminer continues to serve as the president and CEO.

The organization is located at 20 E. 179th St. For more information, visit www.bethexfcu.org or call (718) 299-9100.

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