Wednesday, October 12, 2005

 
Letter from Bank One Columbus, OH dated 2/96
Mr. Ellis,
As a follow up to our telephone conversation, I have exchanged calls with representatives of Premier Bank and they are aware that you and I have spoken. I have discussed your request for assistance with Arline Creed of Premier in Baton Rouge. She advises me that she and Nathan Thornton have been in contact with the bank's Public Funds Department and that they intend to visit with you at some date in the near future regarding facility needs in Grambling. I shared with Ms Creed our willingness to assist, and that our community development resources were available to her. I would encourage you to continue your dialogue with Ms. Creed and Mr. Thornton. They have assured me that they are making every effort to understand the scope of issues in Grambling and those they intend to fully respond to those issues. Please do not hesitate to contact Ms Creed if you have any continuing concerns. We look forward to be being of assistance and having the opportunity to address the lending needs of the Grambling market.
Julia F. Johnson, Senior Vice President

Comments:
MISSION STATEMENT

The mission of UAAD is to serve as the locus of convergent community services and resources, translating them into a comprehensive effort designed to improve the financial status of low and moderate-income individuals. Our initial efforts will focus on becoming the premier broker of low interest loans, and as a gateway through which underserved communities can access banking services. UAAD is dedicated to building long-term relationships with financial institutions, developing synergies between them and our communities. UAAD wants to be recognized as the leader in providing such services.

UAAD works with each participating bank in advancing programs that benefit of it and our clients. The aim of UAAD is to assist our members in advancing financially and thereby in all other manner. UAAD clients have too long been under-served and denied equal opportunity to participate in our economy. By joining together, putting our assets into “one” particular bank, we can allow our members a coalition wherein each respective voice is a significant one.

Millions and eventually billions of dollars will be deposited in participating banks as a result of our collaborative effort. Deposits provide depositors clout. The UAAD team is formidable. Our ability to recruit and marshal groups of ready willing and able depositors is well established. Our advocacy on behalf of these depositors is proven effective. Our staff of professionals delivers for both the community and the institution.
 
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