National Baptist Convention Embarks on National Campaign Spearheads Multi-year, Multi-million Dollar Effort to Launch NBC Credit Union Jan 24, 2019 [Jackson, MS] January 14, 2019 — The National Baptist Convention USA, Inc. (NBC), will officially launch a national deposit-raising campaign during its mid-winter Board Meeting on Tuesday, January 15, 2019, at 10:45 a.m. at the Jackson Convention Complex in Jackson, Mississippi. The initiative seeks to raise $50 million over the next three to five years to open a NBC-founded credit union. The multi-year, multi-million dollar funding campaign calls on NBC members and supporters to make individual federally-insured deposits with Self-Help, a group founded to expand economic opportunities, provide technical support, financial services and advocacy for underserved communities. Once the Convention is granted regulatory approval, depositors may begin to transfer funds to the newly chartered NBC credit union. The partnership builds on an established relationship between NBC and the Center for Responsible Lending, the consumer advocacy arm of the Self-Help family of organizations. “Credit unions are closely aligned with our mission and work,” states Dr. Jerry Young, president of the National Baptist Convention, USA, Inc. “The National Baptist Convention USA, Inc. has always recognized the importance of working together and pooling our resources to build strong communities. Creating this credit union is a natural extension of our historic mission of increasing both the spiritual and financial well-being of our member churches and their parishioners nationwide.” About the National Baptist Convention, USA, Incorporated Founded in 1886, the National Baptist Convention, USA, Inc. is the nation’s oldest and largest African-American religious convention with an estimated membership of 7.5 million. Led by its president, Dr. Jerry Young, the Convention is comprised of churches in 43 of the 50 states, representing more than 31,000 churches throughout the U.S. NBC membership participation is the key to the creation of the credit union. Learn more at nationalbaptist.com. About Self-Help Self-Help is one of the largest community development financial institutions in the United States. The Self-Help family of nonprofit organizations includes Self-Help Credit Union, Self-Help Federal Credit Union, a national loan fund and the Center for Responsible Lending, a policy and advocacy organization addressing abusive lending practices. Since 1980, Self-Help has provided over $7 billion in financing to over 150,000 families, individuals and businesses. The organization’s activities help to drive economic development and strengthen communities by providing responsible financial services; lending to individuals, small businesses and nonprofits; developing real estate; and promoting fair financial practices across the nation. Learn more at self-help.org. Click Here to open an account in the Credit Union Recent Coverage WLBT-TV Online: National Baptist Convention USA launches campaign to start federal credit union Self Help, based in Durham, North Carolina, is working with NBC to develop the credit union, and holding the funds until the convention receives its financial charter. WDAM-TV Online : National Baptist Convention USA launches campaign to start federal credit union Self Help, based in Durham, North Carolina, is working with NBC to develop the credit union, and holding the funds until the convention receives its financial charter. WAPT-TV 16: National Baptist Convention underway in Jackson This meeting allows officials to get together and set the agenda for the year, including launching its federal credit union WJTV: National Baptist Convention convenes in Jackson ### FOR IMMEDIATE RELEASE: January 14, 2019 For More Information, Contact: Jenny Shields, Director of Media Relations, Self-Help Credit Union | Direct Line: 919.794.6798 | Media Line: 919.695.2037 | Email: Jenny.Shields@self-help.org Related Images 2019 News Releases 12/17/19 - Self-Help Credit Union Announces Merger with Turbine Federal Credit Union 11/04/19 - Free 'Know Your Rights' Event for People with Disabilities 10/14/19 - Self-Help Federal, Fresno, Grand Reopening 10/11/19 - Self-Help Credit Union is coming to Raleigh 09/19/19 - Affordable housing loan fund launches in Durham 08/13/19 - Trump Administration’s New “Public Charge” Rule Could Harm Low-Income Immigrants 07/29/19 - Self-Help Credit Union Announces 2019 Scholarship Winners 07/15/19 - Grand Opening Celebration Self-Help Credit Union, Charlotte 04/01/19 - Self-Help Offers Scholarships for Students Who Give Back To Our Community 03/27/19 - Imagine: the future of homegrown entrepreneurship 03/25/19 - March 30: Grand Opening, Angier Business and Children’s Center 02/11/19 - Self-Help Apopka Grand Opening Continues Legacy of Community Trust 02/11/19 - Free Disability Rights, Assistive Technology Event in Asheville, Feb 27 2/11/19 - Free Disability Rights, Assistive Technology Event in Morganton, Feb 26 01/31/19 - Black History, Black Entrepreneurship: Couple Launches Independent Pharmacy in Historic East Durham 01/24/19 - National Baptist Convention Embarks on National Campaign 01/14/19 - Self-Help Offers Hardship Loans to Furloughed Federal Employees 2018 News Releases 12/13/18 - New Video Explores Legacy of Bakersfield Credit Union First Founded by Cesar Chavez 09/25/18 - CommunityWorks Federal Credit Union Joins Self-Help To Benefit Members, CommunityTo Benefit Members, Community 08/24/18 - The MacArthur Foundation invests in Seaway, a division of Self-Help Federal Credit Union 08/07/18 - Newell Named President of Seaway, a Division of Self-Help Federal Credit Union 05/23/18 - Self-Help Credit Union, Mangum Street Grand Rededication (Durham) 2017 News Releases 09/19/17 - Self-Help Announces Third Annual "Bringing It Home" Conference in Asheville, NC 06/29/17 - In Senate Committee Hearing, CRL Lays Out Consumer Plan For GSE, Housing Finance Reform 06/13/17 - Florida’s Jax Metro Credit Union Merges with Self-Help Credit Union effective June 1 03/13/17 - Self-Help to Acquire Selected Branches of Former Seaway Bank in Chicago 2016 News Releases 09/13/16 - Family Federal Credit Union in Wilmington, CA Merges with Self-Help Federal Credit Union 07/13/16 - Self-Help Credit Union Announces 2016 Education Scholarships Winners 06/27/16 - Self-Help Announces DTC-eligible Term Certificates for SRI Investors 04/19/16 - Revolution Mill Media Event on Major New Tenant Thursday April 21, 8.30 am 04/14/16 - Self-Help Credit Union Announces 2016 Community Education Scholarships 04/13/16 - Self-Help Credit Union and Greater Piedmont Credit Union Announce Merger 03/10/16 - Lease Signing Ceremony Tuesday, 3pm March 14 between Renaissance Community Co-op and Self-Help 02/23/16 - Study: Self-Help “Fresh Start” Product Improves Credit Scores 02/03/16 - Florida’s Community Trust Federal Credit Union Merges with Self-Help Federal Credit Union 2015 News Releases 12/02/15 - CDFIs Craft3, Self-Help Complete Second On-Bill Repayment (OBR) Loan Sale 11/19/15 - Self-Help Credit Union Report: Racial Disparities in Marijuana Enforcement Undercut Durham Progress 11/17/15 - Grand Opening Thursday for Fresno’s Self-Help Federal Credit Union Branch 10/14/15 - Revolution Mill Hosting Media Tour Tuesday, October 20 at 10 am 10/01/15 - Self-Help’s Choice Community Credit Union Adopting Self-Help Credit Union Name 09/15/15 - National Cooperative Bank, Self-Help Federal Credit Union Team Up to Finance Los Angeles’ With Love Market & Café 09/14/15 - Self-Help Credit Union Hosts Brevard Branch Open House 08/24/15 - Self-Help Closes $4.6 Million Loan to Minneapolis’ Eastside Food Co-Op 08/17/15 - Statement on Julian Bond’s Passing by Self-Help CEO Martin Eakes 08/06/15 - Self-Help Credit Union “Adopt a Backpack” Drive Up and Running 07/28/15 - Self-Help Ventures Fund Ramps Up Construction On 45-Acre Revolution Mill SIte 07/14/15 - Self-Help Ventures Fund Ramps Up Construction on 45-Acre Revolution Mill Site 07/09/15 - Self-Help Credit Union Announces Education Scholarships Winners 06/11/15 - Renaissance Shops Groundbreaking Tuesday, June 16 at 10:30 am 04/09/15 - Durham Co-op Market Ribbon Cutting at 2pm Saturday 03/17/15 - Grocers on Wheels, Self-Help Credit Union Borrower, in Durham Today! 02/13/15 - Self-Help Credit Union Hosting New Economy Conference on March 18th About Self-Help Self-Help is a leading national community development financial institution headquartered in Durham, NC. Since 1980, Self-Help has provided over $8.5 billion in financing to 150,000 families, individuals and businesses. It helps drive economic development and strengthen communities by providing responsible financial services; lending to individuals, small businesses and nonprofits; developing real estate; and promoting fair financial practices across the nation. Through its credit union network, Self-Help serves over 150,000 people in California, Florida, Illinois, North Carolina, South Carolina, Virginia, and Wisconsin. The nonprofit Center for Community Self-Help is the umbrella organization for the Self-Help family of nonprofit organizations, which includes Self-Help Credit Union, Self-Help Federal Credit Union, Self-Help Ventures Fund and the Center for Responsible Lending.