The Arecibo Savings and Credit Cooperative (known as CooPACA in Spanish) has started to receive loan applications for the reopened Payroll Protection Program (PPP) that is administered by the U.S. Small Business Administration. The credit union is also processing applications for forgiveness of first round of PPP loans, it confirmed. CooPACA has already processed 250 […]
The Arecibo Credit Union, known as CooPACA in Spanish, inaugurated its new branch in the town of Trujillo Alto, following an $500,000 investment. The facility offers the credit union ways “to effectively serve clients facing the challenges imposed by the COVID-19 pandemic.” “The pandemic has altered the way of doing business for financial institutions starting […]
The Cooperativa de Ahorro y Crédito de Arecibo (CooPACA) announced a new collaborative agreement with the municipality of Cataño that will grant an economic incentive to high school students to stimulate personal savings and a culture of supporting credit unions. “This initiative is intended to contribute to an improved financial education for the younger generations […]