The mission of the Coalition for Economic Opportunity (CEO) is to enhance access to fair, reasonable and just financial services for low- and moderate-income members of the community. CEO was formed to provide a community-based alternative to predatory lending in the city of Charlottesville, Virginia, and surrounding counties.
CEO provides an alternative loan service. This low-interest loan helps people avoid the cycle of debt that can result from payday and car title loans. Loans are available on six-month or one-year terms, up to $650 per client. Close to 100 loans have benefited people by paying for car repairs, paying off high-cost loans, providing security deposits, offering small business start-up costs, and more.
CEO started the BankOn Program to provide financial education and support for lower-income people who want to get out of debt, improve their credit rating, and build their wealth. BankOn is now a program of the City of Charlottesville.
Coalition for Economic Opportunity Board of Directors
Joey Conover, President
Emily Dreyfus, Legal Aid Justice Center (LAJC)
Carlton Gregory, Financial Institution Representative
Ray Klein, Treasurer
Peter Perdue, Vice President
Karen T. White, Financial Institution Representative
For more information or to make a donation:
To apply for a loan, learn more about the Coalition for Economic Opportunity’s affordable loan (up to $650 per person) or for other information contact firstname.lastname@example.org or call 434-260-1895.
To make a donation, please send your check made payable to the Legal Aid Justice Center (LAJC), CEO’s fiscal agent to:
P.O. Box 2563
Charlottesville, VA 22902