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Home > Press Room > 2008 > Press Release
Press Release
LULAC Receives $25,000 Donation
From Countrywide Bank For Homebuyer Education Programs.
January 10, 2008
For more information, contact:
Lizette Jenness Olmos, 202-833-6130 ext. 16
GolinHarris, Glen Orr 972-341-2507
Washington, DC -
The League of United Latin American Citizens
National Housing Commission (LNHC) today
announced that it has received $25,000 from
Countrywide Bank, FSB, the third largest federal
savings bank in the U.S. and a member of the
Countrywide (NYSE:CFC) family of companies.
Countrywide Bank’s financial support will allow
the National Housing Commission to continue to
promote educational programs on home buying,
foreclosure prevention, financial literacy,
credit and other areas for Latinos, especially
for young people and the elderly.
“LULAC believes
that homeownership is the key to the long-term
economic progress and wealth accumulation of the
Latino community, and that safe and stable
neighborhoods are essential to individual
achievement and community vitality,” said LULAC
National President Rosa Rosales. “We are
grateful for Countrywide Bank’s generous
contribution, and we applaud their long-standing
commitment to help consumers achieve and
maintain homeownership.”
“A solid
foundation of financial education is the first
step towards building your financial future,”
said Mary Salinas Durón, executive vice
president for Countrywide Bank. “LULAC and the
National Housing Commission are long-time
partners of Countrywide, and we are proud to
support their important efforts as we try to
make the home-buying process a smooth one for
the Latino community.”
The League of
United Latin American Citizen (http://www.lulac.org/)
advances the economic conditions, educational
attainment, political influence, health and
civil rights of Hispanic Americans through
community-based programs operating at more than
700 LULAC councils nationwide.
About Countrywide Bank
Countrywide Bank,
FSB, is a member of the Countrywide Financial
Corporation (NYSE: CFC) family of companies.
Countrywide Bank offers consumers highly
competitive rates on certificates of deposit and
money market accounts and, through its family of
companies, also offers investment* and insurance
products. Customers can review banking products
and services, check rates on deposits, and apply
for new accounts by phone, online, or at one of
more than 180 financial centers located
throughout the country. In addition, the company
offers the same superior rates and unsurpassed
personalized service to its business customers
through its Premier Business Banking and
Commercial Banking Divisions. For more
information about Countrywide Bank, visit
http://www.countrywidebank.com/. Member FDIC.
Equal Housing Lender.
*Countrywide
Investment Services and Countrywide Insurance
Services Products
Not FDIC Insured Not Guaranteed By Any Bank Not
A Deposit
May Lose Value Not Insured By Any Federal
Government Agency
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