Self-Help/Carolina Mountains launches Go Local certificate of deposit

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On Friday, March 22, come celebrate with Carolina Mountains Credit Union, a division of Self-Help Credit Union. The credit union is launching its first-ever local certificate of deposit — the Go Local CD. The result of a partnership with Asheville Grown and the Go Local campaign, the new investment vehicle will help fund the credit union’s home mortgages (that will never be sold), as well as small-business, auto and signature loans. The Go Local CD will also help the credit union support local economic-development projects.

As the slogan says, “Put Your Money Where Your Heart Is: Love Western North Carolina: Invest Local.”

The launch party will take place at Carolina Mountains’ south Asheville branch (1911 S. Hendersonville Road) from 11 a.m. to 2 p.m., and will feature tasty local treats. The first 50 people to open a Go Local CD will receive a free Love Asheville Go Local card and directory, offering discounts on products and services at more than 360 locally owned businesses in Asheville. These cards help to support Asheville City Schools and the Asheville City Schools Foundation.

What do you know about keeping investment dollars local?

Are you helping keep investment dollars in Western North Carolina? Are you exploring ways to grow our community by keeping capital right here where we live, work and play — rather than sending it all to Wall Street?

If so, Mountain Xpress would like to hear from you. We’ll feature ongoing news and views about local investing. We’re looking for your ideas, writing, tips, knowledge and passionate interest.

Please contact Jeff Fobes at publisher@mountainx.com with ideas, comments or other news.

Carolina Mountains Credit Union, a division of Self-Help Credit Union, is a member-owned cooperative credit union serving more than 7,600 members in WNC. Its mission is to create ownership and protect economic opportunity for all, especially for rural residents, women and communities of color. Here are a few local businesses it’s helped: Salsa’s, Casa dei Bambini, Regent Park Early Childhood Development Center, West End Bakery, the French Broad Food Coop, Blue Ridge Biofuels, Hops and Vines, Studio Flora Diva, Enter the Earth, FLS Energy and the Glen Rock Commercial Building.

— For more information, call Debbie Johnson or Abigail Suarez at Carolina Mountains Credit Union, a division of Self-Help Credit Union, 676-2196.

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