CHESTER, Pa. – The Franklin Mint Federal Credit Union and Chester Education Foundation have teamed up to help former Welfare to Work recipients manage their personal finances. According to FMFCU business Development Officer Susie Nussear, many Welfare to Work participants have little or no experience in the fundamentals of money management. "We want to be a community resource for Chester rather than just a financial institution," said Nussear. Welfare to Work recipients will learn such skills as how to open a check or savings account, how to write a check and apply for credit and how to plan for their financial future. Nussear says plans are underway to implement this on-going educational project in all of the credit union's SEGs as a free value-added service.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 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.