National Cooperative Bank, Self-Help Federal Credit Union Team Up to Finance Los Angeles’ With Love Market & Café Start-up Grocery and Café Focused on Locally-Sourced Produce and Perishables Launching in Southwest Los Angeles Urban Food Desert Sep 15, 2015 Contact: Mary Alex Blanton – NCB (703) 302-8876, firstname.lastname@example.org David Beck – Self-Help (919) 956-4495, email@example.com (Los Angeles, CA – September 15, 2015) – National Cooperative Bank (NCB) and Self-Help Federal Credit Union today announced the closing of a $635,000 partnership loan to With Love Market & Café. The financing will help With Love Market & Café open a 3,000 square foot start-up grocery market and café in a Southwest Los Angeles food desert. NCB, a leading financial services company dedicated to serving cooperatives nationwide, is participating on the loan with Self-Help Federal Credit Union, a leading national Community Development Financial Institution. The joint loan allows NCB and Self-Help to share the risk in order to provide With Love Market & Café financing beyond conventional lending parameters. Pacific Coast Regional Small Business Development Corporation also provided an 80% loan guarantee via the State of California Small Business Loan Guarantee Program. “National Cooperative Bank has had a commitment to the food sector for over 30 years and we are very excited to work with another cooperative organization in Self-Help Federal Credit Union to finance With Love Market & Café,” said Michael Novak, Senior Vice President of National Cooperative Bank. “Providing healthy, local food for the area’s residents is critical to NCB’s mission and we look forward to the partnership for many years.” The loan is part of Self-Help’s nationwide program to finance cooperatives and other enterprises that facilitate access to healthy foods. To date, Self-Help has provided over $15 million in financing to 34 healthy food systems projects. On September 10, Self-Help received a $3 million CDFI Fund Healthy Foods Financing Initiative grant to expand its healthy foods lending. “Self-Help is working to help ensure healthy foods are available in all communities – not just those with resources,” said Steve Saltzman, Self-Help’s Director of Healthy Food System Finance. “National Cooperative Bank’s willingness to partner with Self-Help on this loan is helping ensure With Love Market’s ability to make healthy food available in Southwest LA, a hard working community that now lacks quality food options.” In addition to the grocery store and café, With Love Market will include a community development arm focused on providing heath and food courses and seminars in a community meeting space. The business aims to be the neighborhood’s source of produce and other healthy foods as well as a public community hub and learning space. Located at 1969 S. Vermont Ave. in Los Angeles, With Love is aiming to open by the end of the year. With Love CEO Andrew McDowell said that "Partnering with Self-Help Credit Union and National Cooperative Bank on this unprecedented loan was equally rewarding as it was challenging. Though we all had to flex and adjust many times beyond our previous comfort level we were held together by each group’s driving passion, beyond financial gain, to improve healthy food access and empower urban poor communities. With Love could not have found better partners and we look forward to all our future work independently and together!" About National Cooperative Bank National Cooperative Bank is dedicated to strengthening communities nationwide through the delivery of banking and financial services, complemented by a special focus on cooperative expansion and economic development. NCB provides financial products and services for the nation’s cooperatives, their members, and socially responsible organizations. Headquartered in Washington, DC, the Bank has offices in Alaska, California, New York, Ohio and Virginia. To learn more, visit www.ncb.coop, National Cooperative Bank on Facebook, or on Twitter @coopbanking. About Self-Help Federal Credit Union Self-Help Federal Credit Union, chartered in 2008, is part of the Self-Help family of community development organizations that have provided over $6.8 billion in financing to nearly 102,000 families, individuals and businesses since 1980. Self-Help Federal has merged with eight credit unions serving diverse California communities in the Bay Area, Central Valley and Los Angeles and operates over 20 California branches. Through its credit union network, Self-Help serves 130,000 families in North Carolina, California and Chicago and offers a full range of financial products and services. Learn more about Self-Help Federal at https://self-helpfcu.org/. Learn more about Self-Help’s Health Foods Financing at http://community.sh/1L6zGNu. ### 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.