News | Live Stream | Contact Us | Donate
August 20, 2020, Adrian, Michigan – Cynthia Curry Crim was named Vice Chair of the Adrian Dominican Sisters’ Portfolio Advisory Board (PAB). In this position, she will be working on the PAB’s executive team with Associate Dee Joyner, Director of Resilient Communities for the Congregation, and Sister Marilín Llanes, OP, Chair.
Established by the Adrian Dominican Sisters more than 40 years ago, the PAB helps the Congregation to use its resources justly, in ways that resonate with its mission. The Corporate Responsibility aspect focuses on using dialogue and shareholder resolutions to keep corporations accountable in areas such as the environment, treatment of workers, and responsibility to local communities. The Community Investment aspect offers low-interest loans to community-based enterprises that serve communities and people in need.
Now in her second year as a PAB member, Cynthia is excited to be serving on the executive team as Vice Chair. The executive team is involved in behind-the-scenes work and strategic planning – “a lot of planning to make sure that each time the PAB meets, we have a productive meeting,” she said. “We’re just trying to make sure that the Board members have the right information, to make the meetings more engaging.”
Cynthia said serving on the PAB fits right in with her work experience. From about 1993 to 1998, she worked in Chicago as director of nonprofit organizations. “All my work centered on family and children, but I also realized you have to look at housing, education, and health,” she said. She wanted to change focus, “not to leave the nonprofit community but I really wanted to see a bigger part of the work.”
Cynthia then served as Associate Executive Director of the Steans Family Foundation in Chicago. The Executive Director was “totally committed to the community and really believed in engaging community residents about the decisions that were going on,” Cynthia said. She compared this work to the Congregation’s focus on helping to form resilient communities in specific geographic areas of the country.
Cynthia and her family moved to St. Louis in 2002. After working for Nonprofit Services Consortium, an intermediary that collaborates with local nonprofit organizations, Cynthia was hired 15 years ago by Dee Joyner to work at Commerce Bank, managing part of its corporate foundation and two family foundations.
Cynthia said Dee invited her to serve on the PAB. “I had known about her work with the Adrian Dominican Sisters while she was at Commerce,” Cynthia said. “She would talk about being on the PAB, but never in my wildest dreams did I think I would be asked [to serve on the Board].”
Working on the PAB has enhanced her knowledge. “What I have learned is that investment in the community can be direct or indirect,” she said. She sees the corporate responsibility aspect, and particularly shareholder advocacy, as having an indirect but profound effect on the community.
“How many people in underserved communities have any idea of the impact that corporations have?” she asked. “So the work that the Sisters are doing – advocating that corporations look at what they’re doing in terms of how they’re polluting the environment – has a major impact on those who have no voice. That is a powerful tool to use.”
Cynthia sees the work of community investment as being directly involved in the local communities. “I like that during this time of COVID and Black Lives Matter, I have really seen in our last meeting this commitment to walk the talk and try as best as possible to make a difference in the communities, making sure that people who are already struggling can somehow get some relief,” she said. “To be part of this is pretty special.”
By Robert Rudy
There was a time in the early 1990s, Alison Yonas recounts, that a rapid increase in the size of the Latino community in North Carolina was creating a serious crime problem for new immigrants. “Some newcomers were coming from places where people did not use financial institutions or feel comfortable doing so,” she said. “They were easy targets for robbery and home invasions.”
In 2000, as a grassroots response to crime against Latino immigrants, the Latino Community Credit Union was established to provide a safe place for the Latino immigrants to save money and become more comfortable with financial situations. Through the years, the credit union has received loans from both the Religious Communities Investment Fund (RCIF), directed by Adrian Dominican Sister Corinne Florek, OP, and the Adrian Dominican Sisters, through the Portfolio Advisory Board (PAB).
The low-interest loans have helped the Latino Credit Union in its services to the local community. “When people come from countries where financial systems have failed or their experiences aren’t as strong, and you come to this country with issues of language and cultural concerns about entering a bank, it’s hard to feel comfortable,” said Alison, Vice Present of Development and Strategic Investments for the credit union.
Based in Durham, the Latino Credit Union now has 75,000 members in 12 branches throughout North Carolina. Alison said the credit union provides bilingual and bicultural services which do not require a credit history and are geared to be accessible to members – from starter accounts to checking accounts, IRAs to affordable mortgage loans.
RCIF has been involved with the Latino Credit Union since lending the organization $150,000 in 2010, Alison said. She explained that the relationship of RCIF and the credit union is an easy one because of the alignment of their missions and because “people with RCIF are leaders in socially responsible investing.”
The Latino Credit Union provides banking solutions and education through workshops on such topics as budgeting, saving, and credit. “The workshops are one of the most inspiring parts of the work that we do,” Alison said. “We have a graduation ceremony at the end of the workshops. For some of our members, it’s their first experience graduating.”
The credit union has also helped more than 2,300 “dreamers” – those who immigrated to the United States as children with their parents without formal papers – with a loan for the $465 application fee for the Deferred Action for Childhood Arrivals (DACA) program. The Latino Credit Union has provided more of these loans than any other country, Alison said.
Posted July 2018
Feature photo: The Latino Credit Union, organized into 12 branches in North Carolina, offers financial services to those who might not otherwise have access to those services. Photo Courtesy of Latino Credit Union
Portfolio Advisory Board, Adrian Dominican Sisters | 1257 E. Siena Heights Drive | Adrian, Michigan 49221
Phone: (517) 266-3523 | Email: