Harbor Springs, MI – September 11, 2014 – Northern Shores Loan Fund, Inc. has changed its name to Northern Shores Community Development (“NSCD”)! This name change highlights our new and ever expanding loan programs and services here in Michigan.

Northern Shores Community Development has been expanding its services and service area since I have been lucky enough to be named Executive Director in January of this year. We offer our Energy Efficient Loan program which has been a great success! In this program we can offer loans from anything from Air Conditioners to Roof Shingles, from refrigerators to washers and dryers. Our terms are better than you will find locally plus it will build your credit at the same time and at VERY low payments per month which is always under $60.00 per month (if you took out the maximum amount allowed based on a 5 year term)!

Another program is our Artisan Program Loans, which is something we are very proud of and now we even have one of the businesses (Totem Lodges) we lent money to offering to display and sell the items at their business in Indian River!

All of this means one thing, we are growing and diversifying. A name change was in order to keep up with our ever diversifying portfolio of services and loans. Our new name encompasses who we are what we do. “Calling Northern Shores a loan fund was not an adequate representation of our vision and mission. Our tribe has a historical role in regards to being traders and facilitating trade.

We wish to cultivate that heritage by providing the means for tribal citizens to walk in that tradition and 
in turn have a positive impact on developing our own community and also the communities we have a
relationship with. Northern Shores Community Development is a more accurate description of this goal.” stated Trustee Secretary Steve Sochay. Entrepreneurs are still a focus of our business because there is a huge demand in Northern Lower Michigan.

NSCD offers free financial educational pamphlets: Credit and Your Consumer Rights; Choosing a Credit Counselor; Credit Repair; Student Loans; Coping with Debt; Debt Collection Arbitration; How Credit Scores Effect the Price of Credit and Insurance; Free Credit Reports; Debt Collection; Disputing Errors on Credit Reports; Veteran’s Pensions; Buying a Used Car; Your Equal Credit Opportunity Rights; Auto Repair Basics; and Building a Better Credit Report.

Please contact NSCD at (231) 347-6753 to discuss financing options for your Artisan, Appliance or Business Loan needs. You can also visit us at 1131 W. Conway Road, Harbor Springs, MI from 8:30 am – 4:30 pm Monday – Friday.

Our service area for Appliance Loans and Artisan loans is the entire State of Michigan. Business loans include the following counties: Alcona, Alpena, Antrim, Arenac, Bay, Benzie, Charlevoix, Cheboygan, Clare, Crawford, Emmet, Gladwin, Grand Traverse, Iosco, Isabella, Kalkaska, Lake, Leelanau, Manistee, Mason, Mecosta, Midland, Missaukee, Montmorency, Newaygo, Oceana, Ogemaw, Osceola, Oscoda, Otsego, Presque Isle, Roscommon, and Wexford in the Lower Peninsula of Michigan.

NSCD Trustee Members are Laura L. Blumberg (Chair), Pat Dyer- Deckrow (Vice-Chair), Kent Bartell (Treasurer), Steve Sochay (Secretary), Patrick Schmidt, and Harley Luplow.

NSCD does not discriminate within its charter-defined Target Market in providing services to individuals or businesses on the basis of real or perceived race, color, religion, sex, sexual orientation, veteran status, national origin, age, marital status, family status, or physical or mental disability or any other characteristics protected by federal or tribal laws.