December 10, 2009, Alexandria VA. – The National Credit Union Administration (NCUA) Board today approved the charter for a new low-income credit union in New York City. The East River Development Alliance Federal Credit Union, located in Queens, New York, was chartered to serve the approximately 323,000 people who live, work, worship, volunteer, or attend school in, and businesses and other legal entities located in Queens Districts 1 and 2 in New York City.

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