August Coalition News & Events Update

August news & events updates from our Coalition’s fight for fair & equal financial services.

Upcoming Events:

Bay Area Open House & Community Advisory Committee

August 18th, 2018
12:00 pm – 4:00 pm
@ Impact Hub (1885 Mission, SF 94103)
Bay area residents, businesses, and nonprofits are invited to come out to meet the Coalition’s organizers and volunteers at the Impact Hub. At this meeting we will discuss the Coalition’s plans to launch an LGBTQ FCU by 2023, ways to get involved, and the formation of our Bay Area Community Advisory Committee to keep the Coalition informed of the needs of Bay Area LGBTQ residents, businesses, and community organizations.

RSVP on Facebook

Sunday Streets SOMA

August 19th, 2018
11:00am – 4:00pm
9th and 10th Streets Leather Hub
Come out and join the Coalition organizers and volunteers at Sunday Streets, where we will be signing up new members, collecting donations, and making inroads for fair & equal services on the streets of San Francisco




From the Director’s Desk:

The last few weeks have been very exciting for the Coalition. Our organizing effort for fair & equal financial services has gone from 0 to 60 in only a short month or so.

Nearly 100 individual members, and three organizations have endorsed our Coalition’s mission for an LGBTQ FCU, and many more are expressing interest in joining our fight for fair & equal financial services for LGBTQ communities. We are honored to welcome several venerated Bay Area institutions—the San Francisco Bay Area Leather Alliance, Wicked Grounds Café, and the Queer Land Trust–as organizational Coalition members.

In July the Coalition was officially fiscally sponsored as a project of the San Francisco Bay Area Leather Alliance, a 501(c)3 nonprofit organization. This means that your donations of support to the Coalition are now tax-deductible.

I look forward to many more monthly updates to you, and wish you and yours health, happiness, & equality until next month’s progress update.


Spencer Watson
Organizing Director,
LGBTQ Credit Union Coalition

News & Headlines:

Coalition Granted Fiscal Sponsorship by Leather Alliance // Coalition Blog

The Coalition Organizers have executed an agreement designating the Coalition’s organizing and fundraising activities a fiscally sponsored project of the San Francisco Bay Area Leather Alliance, a 501(c)3 non-profit organization.The Leather Alliance has also agreed to join the fight for fair financial services as the first Organizational member of our CoalitionRead more on our Blog.

LGBT adults in U.S. less likely to have jobs, health insurance // Reuters

Sexual minorities are less likely to be employed or to have health insurance than their straight peers, a new U.S. study suggests. They are also more likely to report being in poorer health and having a lower quality of life, according to the results published in the online journal BMJ Open. Read more.

Average LGBT Student Carries $16K More Debt Than Straight Peers  // The Advocate

LGBTQ students report $16,000 more debt on average than their heterosexual peers, according to a survey of 11,000 students conducted in February. The study, conducted by Student Loan Hero, found that LGBTQ borrowers reported higher levels of debt, particularly student loans, which they found more unmanageable than the general population. Read more.

New Coalition Sponsors:

The Coalition proudly welcomes the following organizations to our fight for fair & equal financial services as Coalition and event sponsors:

Impact Hub
Event Sponsor: Bay Area Open House

Impact Hub San Francisco is a membership community of entrepreneurs, activists, creatives, and professionals taking action to drive positive social, economic and environmental change. Learn more about Impact Hub.

New Members:

The Coalition also welcome three (3) new businesses and community groups as organizational Coalition members this month.

Nonprofits & Community Groups


The SF Bay Area Leather Alliance is a non-profit organization formed in 2008 in the merger of the Inter-Club Fund and the Leather Forum. The Leather Alliance is committed to moving forward with our communities. Its Board reflects the clubs, groups and individuals within the leather, fetish, kink, gear and motorcycling communities.

CLICK HERE to learn more.


The Queer Land Trust is addressing LGBTQ displacement in the Bay Area by acquiring and protecting spaces for LGBTQ youth and elders, artists and activists, especially the low-income or historically underserved. Its aim is to create secure housing for queer families of all shapes and sizes, with or without children.

CLICK HERE to learn more.



Wicked Grounds Wicked Grounds is San Francisco’s first and only kink cafe and boutique. They include a fully stocked cafe in San Francisco, and host a wide variety of BDSM and related events, including workshops, classes, social gatherings, and munches.

CLICK HERE to learn more.


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