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Business, political, community leaders join Seaway for “Building on a Legacy” as president Daryl Newell lays out vision for the future 

 Governor Rauner, President Preckwinkle, and Alderman Sawyer among guests to salute institution and welcome Seaway’s new division president at reception

 Over 150 community residents, business and non-profit leaders, and politicos joined  Division President Daryl Newell at “Building on a Legacy,” a Community Celebration hosted by Seaway, a division of Self-Help Credit Union at their corporate headquarters on 87th Street.  The event, held on October 25, recognized the legacy of Seaway Bank & Trust and allowed Newell to outline his long-term vision to build upon that important legacy to positively impact communities throughout Chicago’s south and west sides.

Gov. Bruce Rauner set the tone for the afternoon when he offered, “ We are celebrating the resurrection of one of the most important financial institutions in the nation.”  He thanked Seaway for driving economic empowerment throughout this region and further, and for bringing capital into the neighborhoods.  Al Bass, Self-Help Executive Vice President, echoed that sentiment and said that the goal is to expand upon that legacy by building relationships with community organizations across the Seaway footprint.

Also offering remarks were Cook County President Toni Preckwinkle who continued the theme of economic empowerment and neighborhood development, as did Alderman Roderick Sawyer.  Both congratulated Newell on assuming the leadership of Seaway.  Other speakers included Courtney Jones of the Dearborn Realtist Board, Allison Clark of the MacArthur Foundation, Kristen Faust ofNeighborhood Housing Services, Inc. and current business and personal customers of the institution.  To close the event, Newell presented his four-point plan designed to build upon Seaway’s legacy.


Seaway, a division of Self-Help Federal Credit Union, was once the largest African-American owned bank in the Midwest. Founded in 1965, it served communities in south and west Chicago as well as Milwaukee.  Self-Help Federal Credit Union was chartered in 2008 to build a network of branches that serve working families and underserved communities. With 17 branches in California, 9 branches in Illinois and Wisconsin, approximately $1.1 billion in assets, and serving more than 79,000 members, Self-Help Federal CU is one of the fastest-growing community development credit unions in the country.

More information about Self-Help Federal Credit Union can be found at

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