Jeanne D'Arc Credit Union is Outstanding in Community Reinvestment
March 20, 2019
We share a passion for our members and community: that’s our common thread.
LOWELL, MA – Jeanne D’Arc Credit Union is proud to announce it has received the highest possible rating of “Outstanding” on its recent CRA (Community Reinvestment Act) Exam.
The Community Reinvestment Act encourages banks, credit unions and mortgage lenders to meet the credit needs of borrowers in their communities, including low- and moderate-income areas. The CRA exam also evaluates the overall banking practices of financial institutions.
“Each day, we strive to provide every one of our community members with opportunities to achieve and maintain financial stability,” said Mark S. Cochran, President and Chief Executive Officer of Jeanne D’Arc Credit Union. “Receiving an Outstanding rating on the CRA exam is a wonderful accomplishment that recognizes our commitment to helping our members.”
About Jeanne D’Arc Credit Union:
Jeanne D’Arc Credit Union was established in 1912 and is a full-service, member-owned community-based financial cooperative with more than 85,000 members and $1.3 billion in assets. It operates eight full-service branches in Lowell, Dracut (2), Tyngsboro, Chelmsford, Methuen and Westford, Massachusetts and Nashua, New Hampshire; high-school branches at Lowell High, Dracut High and Nashua High School South; a loan center in Lowell; and a mortgage center in Chelmsford.