Chatham, a neighborhood that has been called “the jewel of the Southeast Side of Chicago,” is a pleasant residential community with a vibrant commercial strip. The neighborhood is almost entirely African American and is known for its neighborly ambiance. Chatham’s strong social cohesion is evinced by its numerous block clubs and community groups working to keep the community strong.
The residential locale is characterized by bungalows and two-flats, and its commercial hub along 79th Street claims some of the city’s most successful African American-owned businesses. Restaurants serving up Caribbean jerk chicken, smoky barbecue and soul food “done right” are not hard to come by, and fixtures like Dat Donut offer some unusual options like the “Big Dat,” a donut as big as a Frisbee.
There is a local theatre in the area, Chatham 14, which recently opened under new management, and a number of area schools including Simeon Career Academy, John T Pirie Fine Arts & Academic Center, Ted Lenhart Regional Gifted Center and others.
Sources: Encyclopedia of Chicago, City of Chicago website, Chicago Apartment Hunters Website, Wikipedia
For Corey Britt, the founder and owner of Fresh Start Day Care Center in Chicago, a partnership with Urban Partnership Bank is literally opening new doors for his business.
Tess McKenzie knows firsthand the power of small business loans to create jobs and improve communities. In 2002, McKenzie launched her All About Kids day care facility and saw it grow to serve more than 60 children and employ eight people. In 2010, she added two more classrooms and created five more jobs.
Two years ago, Urban Partnership Bank helped found the Financial Services Pipeline Initiative to increase “the representation of Latinos and African Americans, at all levels within Chicago’s financial industry”. On July 14th, over 200 interns and professionals from across Chicago’s financial industry filled a conference room at the Federal Reserve Bank of Chicago for the Initiative's third annual Summer Intern Career Conference.
Our goal is to provide the responsible financial products our customers and the under-banked need to create jobs, promote small businesses, support nonprofits and other opportunities that build better lives and vibrant neighborhoods.
- William Farrow
President and CEO, Urban Partnership Bank