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BUSINESS
May 6, 1993 | ERIN J. AUBRY, SPECIAL TO THE TIMES
Clyde Johnson, president of the Black Employees Assn. in Los Angeles, has high hopes that his dream is about to come true. He is scheduled to open a credit union later this month to serve South-Central Los Angeles after five years of trying to sell the idea to federal officials. He received his banking charter in November and has been preparing ever since to open for business as the South-Central Los Angeles Community Development Federal Credit Union.
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BUSINESS
November 7, 1994 | From Times Staff and Wire Reports
Business Incubator Center: The Phi Beta Sigma fraternity and the Black Employees Assn. will open a new small-business incubator center Monday on West Vernon Avenue in the Leimert Park neighborhood of Los Angeles. The center will be located in a surplus building the organization acquired for $1 from the U.S. Postal Service and moved from Downtown with a financing package from private citizens and local financial institutions.
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BUSINESS
October 13, 1992 | JAMES BATES, TIMES STAFF WRITER
Last January, the federal agency regulating the nation's credit unions rejected with little fanfare an application to charter an unprecedented credit union serving 600,000 residents living in the 50-square-miles of southern Los Angeles. Officials with National Credit Union Administration's regional office in Concord at the time expressed concern over the "the appropriateness of the common bond which defines the community, and the economic vitality of the proposed institution."
BUSINESS
May 6, 1993 | ERIN J. AUBRY, SPECIAL TO THE TIMES
Clyde Johnson, president of the Black Employees Assn. in Los Angeles, has high hopes that his dream is about to come true. He is scheduled to open a credit union later this month to serve South-Central Los Angeles after five years of trying to sell the idea to federal officials. He received his banking charter in November and has been preparing ever since to open for business as the South-Central Los Angeles Community Development Federal Credit Union.
BUSINESS
November 7, 1994 | From Times Staff and Wire Reports
Business Incubator Center: The Phi Beta Sigma fraternity and the Black Employees Assn. will open a new small-business incubator center Monday on West Vernon Avenue in the Leimert Park neighborhood of Los Angeles. The center will be located in a surplus building the organization acquired for $1 from the U.S. Postal Service and moved from Downtown with a financing package from private citizens and local financial institutions.
CALIFORNIA | LOCAL
January 12, 1991 | BOB BAKER, TIMES LABOR WRITER
Nearly one-third of Los Angeles County Fire Department's 170 black firefighters have quit their union to protest its gesture of support for a white fire captain accused of wearing a simulated Ku Klux Klan hood in front of workers. The resignations of union memberships by 53 firefighters is the latest episode in a troubled history between the Fire Department and its black firefighters, who have complained for years of prejudicial promotional practices.
CALIFORNIA | LOCAL
March 9, 1988 | VICTOR MERINA, Times Staff Writer
Concerned over persistent tensions between black and Latino employee groups over Los Angeles County's hiring and promotion policies, the Board of Supervisors on Tuesday held off adopting a controversial affirmative action report and voted instead for a "cooling off" period.
BUSINESS
January 9, 1992 | JAMES F. PELTZ, TIMES STAFF WRITER
A list of the 25 best U.S. companies for black employees compiled by Black Enterprise magazine does not include a California-based company. In fact, no company headquartered west of Minneapolis found its way on to the list. The companies awarded the honor, among the nation's largest industrial and service concerns, were chosen for maintaining strong affirmative action programs for blacks despite the recession and the widespread corporate cuts it has caused.
BUSINESS
October 13, 1992 | JAMES BATES, TIMES STAFF WRITER
Last January, the federal agency regulating the nation's credit unions rejected with little fanfare an application to charter an unprecedented credit union serving 600,000 residents living in the 50-square-miles of southern Los Angeles. Officials with National Credit Union Administration's regional office in Concord at the time expressed concern over the "the appropriateness of the common bond which defines the community, and the economic vitality of the proposed institution."
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