Credit Unions and Creative Types: A Perfect Match?
By Theresa Witham
Several weeks ago, a Facebook friend posted a link to an educational seminar for Baltimore’s creative business owners called “Mind Your Business.” I clicked the link hoping to see that a local credit union was the sponsor. Sadly, it’s to be presented by PNC Bank, along with Maryland Volunteer Lawyers for the Arts and a local arts district.
The “Mind Your Business” seminar promises free financial education for the creative leaders of Baltimore’s new economy. It will have sessions on:
- women and minority businesses,
- small business resources,
- contracts, and
- business entities (LLC vs. non-profit vs. fiscal sponsorship).
I think this crowd–the artists, freelancers, graphic designers, chefs, bakers, etc.–would be a great fit for credit unions. I think they would respond very well to credit unions’ not-for-profit and cooperative aspects.
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