National Cooperative Bank (NCB), a leading financial institution dedicated to providing banking solutions to cooperatives and socially responsible organizations nationwide, is pleased to announce a $5 million subordinated debt loan to Listerhill Credit Union.
Chartered in 1952, Listerhill is a low-income designated credit union, headquarterd in Muscle Shoals, Alabama and currently serves 92,000 members across 17 locations in Alabama and Tennessee.
The subordinated debt provided by NCB will be used to support Listerhill’s expansion of lending and innovative financial programs to empower members of all income levels in the communities it serves.
