BALTIMORE–Securityplus Federal Credit Union said it has launched “Know Money Know Empowerment,” a program which strives to make a “positive difference” by providing free online financial education courses and membership to individuals located in underserved communities in Baltimore City.
According to Securityplus, to best reach those who could benefit it has partnered with several non-profits, including The Center for Urban Families, Forward, New Psalmist Baptist Church and YouthWorks, so that affiliated members and individuals can access the online learning platform and choose from a large selection of financial education modules including budgeting to achieve goals, debt management, and establishing and improving credit scores.
Eligible for $50 Deposit
After completing three modules, participants can become a Securityplus member and receive a $50 deposit into their new account.
In addition, the referring non-profit will also benefit by receiving a $50 donation for their organization. The incentive is being offered to the first 500 registrants in the program through August 31.
The credit union said the “Know Money Know Empowerment” is made available through a $50,000 grant awarded to Securityplus by the National Credit Union Foundation.
The $520-million Securityplus has more than 34,000 members.
More information on its offering can be found at securityplusfcu.org/kmke.