Press

SECU Foundation awards $200,000 grant for UNCF Emergency Student Aid Program

RALEIGH, NC (May 24, 2022) — Earlier this month, SECU Foundation announced a $200,000 grant for UNCF (United Negro College Fund) to provide emergency financial assistance for students attending one of the state’s five Historically Black Colleges and Universities (HBCUs) within the University of North Carolina System. The grant will support UNCF’s Emergency Student Aid program to ensure college students impacted by the pandemic or other unexpected hardships remain on track to graduate.

“Students attending HBCUs are receiving a high-quality education — this grant will address students’ financial insecurities and help them cross the finish line,” said Jama Campbell, SECU Foundation Executive Director. “Education has been a core focus of our Foundation from the beginning, and we are pleased to assist UNCF in their efforts as staunch advocates for education and their students’ well-being.”

“UNCF is committed to serving the needs of students across the state of North Carolina, so establishing a relationship with the SECU Foundation is a tremendous step toward making a direct impact. Keeping students enrolled and equipped to secure higher education at HBCUs will yield more young people getting to and through college,” said Natia Walker, Development Director, UNCF.

About SECU and the SECU Foundation

A not-for-profit financial cooperative owned by its members, SECU has been providing employees of the state of North Carolina and their families with consumer financial services for 85 years. SECU is the second largest credit union in the United States with $53 billion in assets and serves over 2.6 million members through 273 branch offices, over 1,100 ATMs, 24/7 Member Services via phone, www.ncsecu.org and a Mobile App. The SECU Foundation, a 501(c)(3) charitable organization funded by the contributions of SECU members, promotes local community development in North Carolina primarily through high impact projects in the areas of housing, education, healthcare, and human services. Since 2004, SECU Foundation has made a collective financial commitment of over $235 million for initiatives to benefit North Carolinians statewide. World Council of Credit Unions is the global trade association and development platform for credit unions. World Council promotes the sustainable development of credit unions and other financial cooperatives around the world to empower people through access to high quality and affordable financial services. World Council advocates on behalf of the global credit union system before international organizations and works with national governments to improve legislation and regulation. Its technical assistance programs introduce new tools and technologies to strengthen credit unions' financial performance and increase their outreach. World Council has implemented 300+ technical assistance programs in 90 countries. Worldwide, 86,451 credit unions in 118 countries serve 375 million people. Learn more about World Council's impact around the world at www.woccu.org.