{"id":841,"date":"2013-01-10T18:51:02","date_gmt":"2013-01-10T18:51:02","guid":{"rendered":"https:\/\/ecbiz132.inmotionhosting.com\/~resurr9\/?p=841"},"modified":"2020-01-07T18:33:53","modified_gmt":"2020-01-07T18:33:53","slug":"the-resurrection-project-applauds-wintrusts-decision-to-sell-the-second-federal-deposits-to-self-help-federal-credit-union-and-the-resurrection-project","status":"publish","type":"post","link":"https:\/\/resurrectionproject.org\/es\/the-resurrection-project-applauds-wintrusts-decision-to-sell-the-second-federal-deposits-to-self-help-federal-credit-union-and-the-resurrection-project\/","title":{"rendered":"The Resurrection Project applauds Wintrust\u2019s decision to sell the Second Federal Deposits to Self-Help Federal Credit Union and The Resurrection Project"},"content":{"rendered":"<p><em>Published: December 3, 2012<\/em><br \/>\nOn November 28, 2012, Wintrust Financial Corp. agreed to sell Second Federal Savings and Loans\u2019 three branches and deposits to The Resurrection Project (TRP) and <a href=\"https:\/\/www.self-help.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">Self-Help Federal Credit Union<\/a> (Self-Help). <a href=\"https:\/\/www.chicagobusiness.com\/article\/20121128\/NEWS01\/121129803?template=mobile\" target=\"_blank\" rel=\"noopener noreferrer\">You can read the Crain\u2019s Chicago Business article here<\/a>.<br \/>\nTRP and Self-Help formed a unique partnership to acquire the loans, deposits, and branches in order to continue Second Federal Savings\u2019 (SFS) legacy in Brighton Park, Little Village, and Cicero communities. Wintrust and Hinsdale Bank served the responsible role in allowing time for TRP and Self-Help to complete the purchase of the SFS loan portfolio from the FDIC.<!--more--><br \/>\nTRP and Self-Help are proud to lead SFS into its next chapter as it continues to be a pillar of these important communities. We are grateful to Wintrust CEO Ed Whemer and his team for their continued support of our neighborhoods and the Latino community as a whole. We look forward to working with them as their presence grows in the Chicagoland area.<br \/>\nTRP and Self-Help intend to:<br \/>\n1) Prevent further foreclosures and further deterioration of communities<br \/>\n2) Establish a local community development credit union to provide needed financial services and loans to area residents<br \/>\n3) Drive out predatory lenders from local our communities<br \/>\nWe are honored to work with Wintrust, as they have demonstrated that their company is not motivated only by the bottom line, but by genuinely strengthening the communities in which they work.&nbsp;Thank you for your support of TRP\u2019s mission.<br \/>\n<a href=\"https:\/\/www.chicagobusiness.com\/article\/20121128\/NEWS01\/121129803?template=mobile\" target=\"_blank\" rel=\"noopener noreferrer\">You can read the Crain\u2019s Chicago Business article here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Published: December 3, 2012 On November 28, 2012, Wintrust Financial Corp. agreed to sell Second Federal Savings and Loans\u2019 three branches and deposits to The Resurrection Project (TRP) and Self-Help Federal Credit Union (Self-Help). You can read the Crain\u2019s Chicago Business article here. TRP and Self-Help formed a unique partnership to acquire the loans, deposits, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12053,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"class_list":["post-841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trp-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v24.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Resurrection Project applauds Wintrust\u2019s decision to sell the Second Federal Deposits to Self-Help Federal Credit Union and The Resurrection Project | The Resurrection Project<\/title>\n<meta name=\"description\" content=\"Published: December 3, 2012 On November 28, 2012, Wintrust Financial Corp. agreed to sell Second Federal Savings and Loans\u2019 three branches and deposits to\" \/>\n<meta name=\"robots\" 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