Due to the area’s low-income population: high poverty and unemployment rates; and a high dependency ratio, the far-eastside is deemed one of the most financially insecure areas of Indianapolis. A credit union is a financial institution that is a not-for profit organization owned by all of it’s members. Credit unions focus on helping their members save, borrow and receive affordable financial services. With at least three banks closing in the immediate area over the last several years, and a significant number of predatory lenders in its place (pay day loans, check cashing, pawn shops), the option of having a federal credit union in the community would lend to developing financial security to the area.