Sullivan Community Capital Taps Stanley H. Greene as President/CEO

Sullivan Community Capital, a socially responsible financial services company inspired by the vision of the late Reverend Dr. Leon H. Sullivan, recently appointed Stanley H. Greene President and Chief Executive Officer.

Philadelphia, PA (PRWEB) May 19, 2005 -- Sullivan Community Capital, a socially responsible financial services company inspired by the vision of the late Reverend Dr. Leon H. Sullivan, recently appointed Stanley H. Greene President and Chief Executive Officer. Mr. Greene has over twenty years experience in executive management and financial education. Over the next twelve months, Mr. Greene plans to launch two financial products benefiting its target market, those earning low to middle income.

The first product is a proprietary software solution for tax preparation services such as H & R Block. The software, expected to launch in time for the 2006 tax season, enables these tax preparation services to do a better job of finding income tax refunds owed to low to middle income tax filers. IRS records indicate that an average of over six billion dollars in income tax refunds go unclaimed each year. Sullivan Community Capitals tax software solution will help tax preparation services retrieve those dollars for deserving tax filers.

The second product will be offered to low to middle income earners who currently receive payment by check from employers and other check issuers. Statistics indicate that 1 out of every 3 U. S. households do not have checking accounts. Many of these earners use expensive neighborhood check cashing establishments to cash their checks. Sullivan Community Capitals solution will speed cash to the recipients at lower costs than retail check cashing locations. The company will launch this solution by January, 2006.

We are happy to have Stanley H. Greene on board to lead the Sullivan Community Capital team," says Todd A. Pride, Founder of Sullivan Community Capital.

I am excited about the opportunity to lead Sullivan Community Capital," says Mr. Greene. The companys products and services are designed to serve the over 140 million people who do not take full advantage of services provided by banks. Sullivan Community Capital will help them grow financially."

For more information call (215) 219-8409.

1926 Arch Street * CMS Building * Philadelphia, Pennsylvania 19103

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