Peach State FCU Using $22,250 Grant for Financial Literacy in Low Income Communities

Members of the Peach State FCU staff instruct a group of students during a recent financial literacy seminar.

AUGUSTA, GA (December 14, 2017) – Peach State Federal Credit Union received a $22,250 grant from the National Credit Union Administration (NCUA) for their Roadmap to Financially Fit Communities program. The grant will support the credit union’s endeavors to help people in lower income communities have a better understanding of personal finance.

The grants were funded by the NCUA’s Community Development Revolving Loan Fund which enables credit unions in low income areas to provide this type of education and increase economic opportunities to members of the community.

The Roadmap to Financially Fit Communities program was designed to help people in Richmond County, Georgia and the surrounding area. The credit union is working with Reaching Potential through Manufacturing (RPM) program, a partnership between the Richmond County School system and Textron Specialized Vehicles. Richmond County School system students identified as “high-risk” are eligible to apply for acceptance into the program. The program was introduced during the 2016 school year with successful results. 

“This generous grant will enhance and increase the impact we are able to make on these students and their futures,” remarked Peach State Chief Administrative Officer, Demitra Houlis. “We have assembled a team of staff members and consultants who specialize in financial literacy and development, and we’re extremely proud of the work that they are doing with these students.”

About Peach State Federal Credit Union

Peach State is a $420 million credit union that serves more than 60,000 members in Georgia and South Carolina. Operating as a not-for-profit financial cooperative, Peach State’s mission is to provide quality financial services that meet the needs and exceed the expectations of its member-owners. For more information, visit www.peachstatefcu.org.