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About Us
South Side Community Federal Credit Union
5401 S. Wentworth Avenue
Chicago, IL 60609--630
southsidecommunityfcu.org
South Side Community Federal Credit Union (SSCFCU) is a low-income designated community development credit union established in 2003. SSCFCU provides financial services and financial education to members located on the south side of Chicago. SSCFCU will use a 2006 Financial Assistance Award of $50,000 to introduce mortgage services and a Technical Assistance Award of $100,000 to 1) obtain the technology necessary for an expanding business; 2) pay a portion of a new loan officer"s salary; and 3) provide training on database development and data tracking software.
- Select CDFIs in IL
- Pan American Bank & Trust
- Allies for Community Business, Inc.
- American Bancorp of Illinois, Inc.
- RFLF 2, LLC
- IBC Bancorp, Inc.
- Select Small Business Resources in Illinois
- Peoria SCORE
- Bradley University - Small Business Development Center
- Chicago U.S. Export Assistance Center
- SomerCor 504, Inc.
While the federal government does not provide grants for starting or growing small businesses, it does provide a myriad of services to assist entrepreneurs in pursuit of their dreams. One of the mechanisms in place to promote small business growth and economic development are Community Development Financial Institutions.
The U.S Small Business Administration supports both the Small Business Development Center Program and SCORE to provide management assistance to current and prospective small business owners. These programs offer one-stop assistance to individuals and small businesses by providing a wide variety of information and guidance in central and easily accessible branch locations.
Featured Government Grant Resources
Secondary Market Lending Authority Program
The Small Business Administration has constituted the Secondary Market Lending Authority program, one which aims to provide liquidity for the secondary market, thereby ultimately encouraging new lending opportunities from banks of Small Business Administration guaranteed loans.
Small Business Grants - Free or Low Cost Consulting for Your Small Business
Did you know that it is possible for you to receive free or low cost consulting for your small business? If it sounds too good to be true, rest assured it is actually possible. Not only does it make sense economically, but you would be receiving advice from professionals who have extensive business experience.
Social Entrepreneurship
Spotlight
Awakening the Entrepreneurial Spirit
Amit Kataria, who lost his lower limbs to polio, has launched his social enterprise, Rural Organisation for Social Empowerment (ROSE) to create employment for at least one member of every household in Haryana, North Central India.
