Thursday, January 10, 2008

LULAC RECEIVES $25,000 DONATION FROM COUNTRYWIDE


For Immediate Release Contact: Lizette Jenness Olmos
January 10, 2008
202-833-6130 ext. 16
GolinHarris, Glen Orr
972-341-2507

LULAC RECEIVES $25,000 DONATION FROM COUNTRYWIDE BANK
FOR HOMEBUYER EDUCATION PROGRAMS

Washington, DC - The League of United Latin American Citizens National Housing Commission (LNHC) today announced that it has received $25,000 from Countrywide Bank, FSB, the third largest federal savings bank in the U.S. and a member of the Countrywide (NYSE:CFC) family of companies. Countrywide Bank’s financial support will allow the National Housing Commission to continue to promote educational programs on home buying, foreclosure prevention, financial literacy, credit and other areas for Latinos, especially for young people and the elderly.

“LULAC believes that homeownership is the key to the long-term economic progress and wealth accumulation of the Latino community, and that safe and stable neighborhoods are essential to individual achievement and community vitality,” said LULAC National President Rosa Rosales. “We are grateful for Countrywide Bank’s generous contribution, and we applaud their long-standing commitment to help consumers achieve and maintain homeownership.”


“A solid foundation of financial education is the first step towards building your financial future,” said Mary Salinas Durón, executive vice president for Countrywide Bank. “LULAC and the National Housing Commission are long-time partners of Countrywide, and we are proud to support their important efforts as we try to make the home-buying process a smooth one for the Latino community.”

The League of the United Latin American Citizen (http://www.lulac.org/) advances the economic conditions, educational attainment, political influence, health and civil rights of Hispanic Americans through community-based programs operating at more than 700 LULAC councils nationwide.

About Countrywide Bank
Countrywide Bank, FSB, is a member of the Countrywide Financial Corporation (NYSE: CFC) family of companies. Countrywide Bank offers consumers highly competitive rates on certificates of deposit and money market accounts and, through its family of companies, also offers investment* and insurance products. Customers can review banking products and services, check rates on deposits, and apply for new accounts by phone, online, or at one of more than 180 financial centers located throughout the country. In addition, the company offers the same superior rates and unsurpassed personalized service to its business customers through its Premier Business Banking and Commercial Banking Divisions. For more information about Countrywide Bank, visit http://www.countrywidebank.com/. Member FDIC. Equal Housing Lender.

*Countrywide Investment Services and Countrywide Insurance Services Products
Not FDIC Insured Not Guaranteed By Any Bank Not A Deposit
May Lose Value Not Insured By Any Federal Government Agency

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