$2 Million Contribution Creates Allegacy Center for Leadership at Wake Forest

WINSTON SALEM, N.C.–Allegacy Federal Credit Union said it is making a 10-year, $2 million commitment to establish the Allegacy Center for Leadership & Character at Wake Forest University’s School of Business.

The goal of the center is “facilitating the integration of leadership and character development (through) building strategic alliances and creating sustainable systems for developing the school’s faculty, staff and students along these dimensions,” according to a released statement.

“Wake Forest teaches students to not just be effective leaders, but to also be ethical leaders whose values, virtues and vision orient them toward the common good, regardless of their field of study,” Allegacy FCU President/CEO Cathy Pace said in the statement.

Nathan Hatch, Wake Forest’s president, said the Allegacy partnership represents an extension of its focus on leadership and character education,” According to the Winston-Salem Journal.  “It is the essence of who we are and it is the definition of what we are about.”

Hatch added the center “will have the capability to develop more opportunities for our students to practice authentic leadership and advance their character development on campus and within our greater Winston-Salem community,” the publication reported.

Prior Partnership

Allegacy FCU and Wake Forest University have partnered in the past on other initiatives. As CUToday.info reported here, Allegacy FCU has partnered with Wake Forest Baptist Medical Center on improving both the physical and financial wellbeing of its community.

The partnership involves WellQ, which is located next to the Allegacy financial center at Biotech Place in Wake Forest Innovation Quarter, and which is a membership-based service that provides access to convenient high-quality healthcare for everyday illnesses and wellness needs, along with wellness and financial coaching and education, according to the two organizations.

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