PHILADELPHIA, PA (July 20, 2016) — On Friday, July 15, 2016, Ardent Credit Union hosted Democratic member of the Pennsylvania House of Representatives and Democratic Nominee for the Second Congressional District of Pennsylvania, Dwight Evans, for a roundtable discussion about current economic issues. Also in attendance were spokespeople for Philadelphia State Employees Credit Union, Ukrainian Selfreliance Federal Credit Union, and Pennsylvania Credit Union Association (PCUA). Among the topics discussed included financial wellness, the stunt of growth with new businesses, and the upcoming presidential election.
“Most people don’t understand what financial wellness is and how to navigate their way through their personal finances,” said Evans. “Simple things, such as checks and checkbook balancing, are not being used nearly as much as they used to. People are getting lost in their finances.”
Rob Werner, President/CEO of Ardent Credit Union, offered, “We have financial wellness seminars, among the many no-cost benefits that come with Ardent Credit Union membership, and we are happy to to help your constituents by conducting seminars on how to stay on top of their personal finances and be financially healthy.”
Evans touched upon the lack of new business and the reasoning behind it. “People say, ‘the market is not fair,” and that’s because there is just not enough capital.” Credit unions nationwide, including Ardent, are seeking help in Washington, D.C. when it comes to growing capital funds
“There’s a bakery on North 22nd and West Cambria Streets in Philadelphia, Denise’s Delicacies. They had a fire a few years ago and decided to rebuild because Denise had over 30 employees and a growing business. We need more people like Denise,” said Evans.
After the upcoming president election was brought to the table, Evans asked, “With the upcoming presidential election, what do we see as good and what do we see as bad for credit unions and the economy in general?”
“It’s all about who can have the most impact,” said Joseph Conners, CFO at Ardent Credit Union. “We want stability.”
Evans finished the discussion by saying, “With my current campaign and run for Congress, I’m looking for how I can be the most effective in Washington, D.C. and affect the most amount of people in a positive way. We are in major need of business development. I want to support credit unions, especially if you can help to make this happen.”
Ardent Credit Union is a member-owned financial cooperative. Headquartered in Philadelphia, Ardent was founded in 1977 by the employees of the SmithKline Corporation. With more than $650 million in member assets, Ardent serves Philadelphia, Montgomery, Delaware, Bucks and Chester Counties. For more information, visit ardentcu.org.
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Devan West Neff
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