Pawtucket Credit Union Creates Community Investment Fund of $70,000

Photo: (l to r - 1st row) George J. Charette, President/CEO, Pawtucket Credit Union; Carrie Zaslow, Program Director, LISC; Darlene Allen, Executive Director, Adoption Rhode Island; Lisa Guillette, Executive Director, Foster Forward; and Paola Fernandez, AVP/Community Outreach, Pawtucket Credit Union.

(l to r - 2nd row) Jeanne Cola, Executive Director, LISC; Vanessa Volz, J.D., Executive Director, Sojourner House; and Paula McFarland, Executive Director, RI Association of Community Action Agencies.

George J. Charette, president/CEO of Pawtucket Credit Union, is pleased to announce the creation of PCU's Community Investment Fund.

"Improving the lives of families and individuals in the communities we serve has been a key component of the Pawtucket CU's mission and is the motivation behind this new fund. We've seen a steady increase in community requests focused on housing and economic security. In funding programs that serve vulnerable populations, we hope to assist these individuals and mitigate some of the stress on our local communities," Charette said.

For the funds inaugural launch, PCU made available grants totaling $70,000 that were awarded to local organizations focused on housing affordability, home ownership, homelessness prevention, and financial literacy education.  Awardees for 2017 are Adoption RI, Foster Forward, LISC (Local Initiative Support Corporation), Sojourner House, and Rhode Island Association of Community Action Agencies.