Greylock Federal Helps New Americans Attain ITIN

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PITTSFIELD, Mass. Immigrants who do not have a social security number are required to have an Individual Taxpayer Identification Number (ITIN) to actively participate in the U.S. financial system and apply for loans, such as credit cards, auto loans and mortgages, as well as to pay their taxes.
 
While some agencies or organizations may charge hundreds of dollars to help an immigrant apply for an ITIN, the service is free of charge at Greylock.
 
"At Greylock, we know that our new Americans comprise one of our fastest growing member sectors. It's absolutely vital that we provide them with safe and affordable financial services to support their goals for both the present and future," said President and CEO John Bissell.
 
According to a press release, since 2019, the credit union has helped more than 1,800 individuals obtain an ITIN. In 2023, Greylock's Certified IRS ITIN Agents helped submit 602 ITIN applications to the IRS, opening the door to financial resources for community members who need this access to support their financial wellness.
 
While not every new ITIN recipient will apply for a loan through Greylock, many have utilized these resources. Through Greylock's lending programs, members have access to tailored lending products such as a Credit Builder Loan, Borrow and Save Loan, Lifeline (a small dollar installment loan), New Road Loans for new and used vehicles, and most recently, ITIN mortgages.
 
Since 2019, Greylock has approved over 2,000 ITIN loan applications for over $27 million. In 2023, Greylock approved 660 ITIN loan applications for $7,172,409, and the credit union is on pace to exceed those numbers in 2024.
 
"Of course, we are thrilled with those numbers," Bissell added, "but what excites me the most personally is that each one of those ITIN loan applications represents a new American who is working hard to achieve their American Dream."
 
To learn more about Greylock's ITIN offerings, email Bob Maxwell, Senior Content Producer, at bmaxwell@greylock.org.

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Letter: Is the Select Board Listening to Dalton Voters?

Letter to the Editor

To the Editor:

A reasonable expectation by the people of a community is that their Select Board rises above personal preference and represents the collective interests of the community. On Tuesday night [Nov. 12], what occurred is reason for concern that might not be true in Dalton.

This all began when a Select Board member submitted his resignation effective Oct. 1 to the Town Clerk. Wishing to fill the vacated Select Board seat, in good faith I followed the state law, prepared a petition, and collected the required 200-plus signatures of which the Town Clerk certified 223. The Town Manager, who already had a copy of the Select Board member's resignation, was notified of the certified petitions the following day. All required steps had been completed.

Or had they? At the Oct. 9 Select Board meeting when Board members discussed the submitted petition, there was no mention about how they were informed of the petition or that they had not seen the resignation letter. Then a month later at the Nov. 12 Select Board meeting we learn that providing the resignation letter and certified petitions to the Town Manager was insufficient. However, by informing the Town Manager back in October the Select Board had been informed. Thus, the contentions raised at the Nov. 12 meeting by John Boyle seem like a thinly veiled attempt to delay a decision until the end of January deadline to have a special election has passed.

If this is happening with the Special Election, can we realistically hope that the present Board will listen to the call by residents to halt the rapid increases in spending and our taxes that have been occurring the last few years and pass a level-funded budget for next year, or to not harness the taxpayers in town with the majority of the cost for a new police station? I am sure these issues are of concern to many in town. However, to make a change many people need to speak up.

Please reach out to a Select Board member and let them know you are concerned and want the Special Election issue addressed and finalized at their Nov. 25 meeting.

Robert E.W. Collins
Dalton, Mass.

 

 

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