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CU System
Grant helps Truliant assist underserved entrepreneurs
WINSTON SALEM, N.C. (1/23/13)--Through a grant from the National Credit Union Foundation, Truliant FCU teaches business and financial skills to underserved entrepreneurs in rural North Carolina.

Click to view larger image With a National Credit Union Foundation grant, Truliant FCU helps small business owners and entrepreneurs in underserved and rural communities in North Carolina learn financial and business literacy. Students display certificates at a graduation ceremony at the credit union in Winston-Salem, N.C.
Click to view larger imageMarjorie Rorie, Truliant FCU director of community services, chats with students during the credit union's REAL Entrepreneurship class. (Photos provided by National Credit Union Foundation)
The Winston Salem, N.C.-based Truliant uses an experiential entrepreneurship training curriculum, developed by North Carolina REAL Enterprises Inc. to teach the skills.

The credit union received a grant for the REAL Entrepreneurship program last year from NCUF to cover the cost of instruction and materials for program classes.

"Our goal is to work with entrepreneurs in low wealth and rural communities to provide money management skills that improve their financial position and also build their financial strength to access more products and services," said Marjorie Rorie, Truliant FCU director of community services.

Truliant launched a six-week workshop series last year in partnership with local nonprofits. Fifty-four people in underserved areas have completed the workshops.

The credit union collaborated with the Burlington Housing Authority of Alamance County and Alamance Community College to teach the classes.

The CUNA Marketing & Business Development Council named Truliant FCU a Best Practice Award winner for its REAL Entrepreneurship program.

The partnership also received National Association of Housing and Redevelopment Officials Merit Award for job creation through entrepreneurship training.
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