Peach State Federal Credit Union awarded $20K grant to promote financial literacy

Peach State Federal Credit Union awarded $20K grant to promote financial literacy

For the second year in a row, the National Credit Union Administration has awarded Peach State Federal Credit Union a $20,000 grant to increase outreach to under-served communities.

Peach State Federal Credit Union is a Community Development Financial Institution, a designation given to financial institutions committed to providing affordable lending and financial services to help low-income and other disadvantaged people and communities join the economic mainstream. Peach State received the CDFI designation in 2016 and has since worked closely with the Community Sustainability Enterprise to deliver that commitment.

CSE is a Georgia-based non-profit with the mission to build sustainable communities through public-private sector partnerships. The organization has formed connections with CDFIs like Peach State and local schools to provide financial literacy training and workforce development for areas that have been designated as under-served.

“Las year, in partnership with CSE, we were able to provide almost 1,000 hours of financial literacy training to people throughout the Peach State service area, including work with Atlanta’s On the Rise Center, Augusta’s RPM Program, Gwinnett Technical College and Central Gwinnett High School, just to name a few,” said Peach State Chief Administrative Officer Demitra Houlis. “We are so pleased to be able to lift up the communities we serve through these grants and we’re looking forward to expanding the reach of this work.”

Also featured in: Credit Union Journal

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