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.
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