For Immediate Release
Mission Fed Becomes First San Diego-Based Credit Union Honored for Commitment to Serving and Empowering Hispanic Consumers
Admired credit union receives prestigious “Juntos Avanzamos” designation
SAN DIEGO, May 24, 2022 – Mission Fed Credit Union, the largest member-owned, not-for-profit, full-service financial institution exclusively serving San Diego County, is the first San Diego-based credit union to receive the Juntos Avanzamos designation.
Juntos Avanzamos (translation: Together We Advance) is an initiative managed by Inclusiv, an organization dedicated to helping low- and moderate-income communities reach financial security through credit unions. Juntos Avanzamos credit unions can be a valuable starting point for community development leaders who need a connection to offering trustworthy and transparent financial services.
“This important distinction acknowledges Mission Fed’s historical and on-going commitment to help and support all of our members ‘move forward together’ with financial empowerment tools that improve their lives,” said Debra Schwartz, President & CEO of Mission Fed. “We are committed to serving and empowering Hispanic and immigrant members by providing safe, affordable, transparent and relevant financial services. Every day I am so proud of our diverse team for making this designation a reality.”
To earn the Juntos Avanzamos designation, Mission Fed completed an extensive application process, requiring information and details about products and services offered to specifically address the needs of the Hispanic market, including what strategies are being utilized and the key community partnerships the organization has within the demographic.
Mission Fed seeks to be a trusted financial partner to all by employing bilingual, culturally competent team members and leadership, accepting alternative forms of ID such as Individual Tax Identification Number (ITIN), and treating members with respect, regardless of immigration status.
Pablo DeFilippi, Executive Vice President, Inclusiv Network at Inclusiv said, “On behalf of the growing Inclusiv/Juntos Avanzamos network, we congratulate and honor Mission Fed Credit Union for making this public commitment to empowering the Hispanic community. This designation will open the doors for asset building opportunities and provide a pathway to achieve financial security for Latinos throughout San Diego County.”
Community partners, elected officials and other key leaders came together to celebrate Mission Fed on May 24, 2022 with a ceremony at the Mission Fed branch in Chula Vista.
Learn more about Inclusiv and Juntos Avanzamos at: https://www.inclusiv.org/initiatives/juntos-avanzamos-together-we-advance/ and www.juntosavanzamos.org. To find out more about how Mission Fed can help you achieve your financial goals, visit www.missionfed.com.
COURTESY PHOTOS INCLUDED:
Credit: Courtesy of Mission Fed
About Inclusiv and Juntos Avanzamos
Inclusiv is a certified CDFI intermediary that transforms local progress into lasting national change. We believe that true financial inclusion and empowerment is a fundamental right. We dedicate ourselves to closing the gaps and removing barriers to financial opportunities for people living in distressed and underserved communities. We provide capital, make connections, build capacity, develop innovative products and services and advocate for our member community development credit unions (CDCUs). Inclusiv members serve over 17 million residents of low-income urban, rural and reservation-based communities across the US and hold over $244 billion in community-controlled assets. Founded in 1974, Inclusiv is headquartered in New York, NY, with offices in Madison, WI, Atlanta, GA and Albuquerque, NM. For more information about Inclusiv visit us at Inclusiv.org and connect with us on Facebook, LinkedIn and Twitter.
Provided by Inclusiv, Juntos Avanzamos (“Together We Advance”) is a designation for credit unions committed to serving and empowering Hispanic and immigrant consumers – helping them navigate the U.S. financial system and providing safe, affordable and relevant financial services. The Juntos Avanzamos network is growing quickly; it currently includes 121 credit unions in 27 States, Puerto Rico, and the District of Columbia. Visit www.juntosavanzamos.org for more information.
About Mission Fed Credit Union
Mission Federal Credit Union (Mission Fed) is the largest member-owned, not-for-profit, full-service financial institution exclusively serving San Diego County. Mission Fed enhances the lives of its members through financial education and services, providing stability and strength to help San Diegans with financial wellness and success. Banking at Mission Fed means doing good for San Diego. Mission Fed gives money back to our local communities, has helped hundreds of nonprofits and important causes, and builds deep relationships with community partners.
Mission Fed has served the financial needs of San Diegans for 60 years through checking, savings, loans, credit cards and insurance offerings. Mission Fed has $5 billion in assets, more than 270,000 members, 33 convenient local branches, 30,000 fee-free CO-OP ATMs nationwide and free mobile and online banking services. Mission Fed was recognized as a 2020 Top Workplace by The San Diego Union-Tribune and named a Top Workplaces USA winner in 2021. Federally insured by NCUA and Equal Housing Lender.