When I first met Scott Schwarz, he told me that he had a way for people to save money, collect interest on that money, then pay down their debts with that money while they continue collecting interest.
I was skeptical, but by the end of the interview, I reached out to him so that I could see how this could work for my own family.
In 1936, 27 people came together in Norwich to pool their $15 in assets and form the Norwich Teachers Credit Union. Today, CorePlus has 27,000 members with 260 million dollars in assets. Today I’m speaking with Ray Currier, the Chief Operating Officer and Executive Vice President of CorePlus Credit Union. We’ll talk about the importance of banking locally, the value of being a member, and especially banking local is important in challenging times.
Pam Days-Luketich is the community development officer at Liberty Bank. Possibly the best job in the world, her job is to network in the community, connect people to resources, and connect bank programs to those who can benefit from them.