The National Federation of Community Development Credit Unions has received a grant to put a program into place that will help senior citizens attain financial security.
The National Federation reported that the grant from the Atlantic Philanthropies will lead to eight CDCUs receiving money to work with older adults struggling with debt and reduced financial resources. The amount was not announced.
Dubbed the "Creating a Path to Economic Security" program, the effort will also include the eight CDCUs partnering with the National Council on Aging and their nationwide network of Economic Security Service Centers, as well as other organizations that provide one-on-one counseling to help seniors regain their economic footing, the National Federation said.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
