Profile
Mr. Witherspoon is CEO and Treasurer of the Hill District Federal Credit Union where he oversees the daily operation of the credit union and provides financial assistance and counseling to its members.
Mr. WItherspoon has been instrumental in the development of two community credit union in the Pittsburgh area which have been underserved by traditional financial service providers.
Mr. Witherspoon is a board member of the Hill District Federal Credit Union, Hill House Economic Development Corporation, Youth Enrichment Services, Inc., Neighborworks Western Pennsylvania, and Womanspace East, Inc. He also chairs the boards of Financial Education Consortium of Western PA sponsored by the Federal Reserve System, and Dollars and Sense Ministry of Rodman Street Missionary Baptist Church which emphasizes financial literacy
Richard Witherspoon active positions
| Companies | Position | Start |
|---|---|---|
Bridgeway Capital, Inc.
Bridgeway Capital, Inc. Investment ManagersFinance Bridgeway Capital provides debt financing to small-businesses across Western Pennsylvania. They invest in companies that can create new jobs and businesses in the Pennsylvania counties of: Allegheny, Armstrong, Beaver, Butler, Clarion, Crawford, Erie, Fayette, Greene, Indiana, Lawrence, Mercer, Washington and Westmoreland. The firm provides loans to promising entrepreneurs for start-up or expansion. These loans are generally $35,000 or less with fixed rates and flexible terms up to 6 years. They also provide growth capital loans to established, expanding companies for fixed assets or working capital and 504 small business loans to growing businesses that need long-term, fixed asset financing for the purchase of real estate or equipment. Bridgeway's growth capital loans typically range up to $500,000 with fixed rates and a term of up to 10 years. These loans require a subordinated lien. The firm's 504 loans range from $50,000 to $4 million. Companies must be for-profit, located in Pennsylvania and need capital for real estate and/or long-lived equipment (soft project costs may be included). | Corporate Officer/Principal | 2010-01-07 |
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| Private companies | 1 |
|---|---|
Bridgeway Capital, Inc.
Bridgeway Capital, Inc. Investment ManagersFinance Bridgeway Capital provides debt financing to small-businesses across Western Pennsylvania. They invest in companies that can create new jobs and businesses in the Pennsylvania counties of: Allegheny, Armstrong, Beaver, Butler, Clarion, Crawford, Erie, Fayette, Greene, Indiana, Lawrence, Mercer, Washington and Westmoreland. The firm provides loans to promising entrepreneurs for start-up or expansion. These loans are generally $35,000 or less with fixed rates and flexible terms up to 6 years. They also provide growth capital loans to established, expanding companies for fixed assets or working capital and 504 small business loans to growing businesses that need long-term, fixed asset financing for the purchase of real estate or equipment. Bridgeway's growth capital loans typically range up to $500,000 with fixed rates and a term of up to 10 years. These loans require a subordinated lien. The firm's 504 loans range from $50,000 to $4 million. Companies must be for-profit, located in Pennsylvania and need capital for real estate and/or long-lived equipment (soft project costs may be included). | Finance |
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