RALEIGH, N.C. (12/9/13)--State Employees' CU (SECU), Raleigh, N.C., is helping inmates at Pasquotank Correctional Institute make a successful transition back into society by offering a series of financial education sessions.
Staff members at the credit union's Elizabeth City-17 North branch teamed up with the correctional facility to develop a financial program for inmates who are working in the community and due to be released soon. The program includes three workshops covering the fundamentals of money management, including an overview of account types, budgeting and understanding credit reports.
"The program has been well received by the inmates," said Cindy Emory, SECU vice president of the Elizabeth City-17 North branch. "Participants were very interested in learning the basics of managing, saving and borrowing money. Hands on exercises and references to real life stories helped encourage questions and discussions about their future plans."
Before their release, inmates work in the community at animal shelters, food banks and with other local programs, Emory said. "Our financial workshop coincides perfectly with their community involvement, offering support and helping them recognize the importance of planning and successfully managing their money to improve their financial future," Emory said.
SECU's investment in delivering adult financial education programs within communities across North Carolina is foundational to its belief of helping others, Emory said By seeking partnerships with local state agencies and non-profit organizations, SECU uses its financial expertise as a resource for those in need of guidance during difficult times.