SECU members help celebrate opening of SECU Lakeside Reserve in Wilmington
RALEIGH, NC (June 30, 2017) — A Ribbon Cutting held on West Lake Shore Drive in Wilmington this week celebrated the phase one opening of 16 SECU Lakeside Reserve apartments, welcoming the facilities’ first residents. The two-phase supportive housing development designed for homeless citizens with disabilities is a collaborative venture between Good Shepherd Center, Lakeside Reserve, Inc. and partnering organizations, including the SECU Foundation. During the dedication, SECU Foundation Board Chair Jim Johnson spoke on behalf of State Employees’ Credit Union (SECU) members who fund the Foundation, highlighting their shared commitment of a $1 million grant to help the Wilmington non-profits complete phase one and move forward with the construction of 24 additional units.
“We are all very excited about the tremendous impact SECU Lakeside Reserve will make for our seniors, veterans and persons with disabilities in Wilmington and the surrounding regions,” remarked Johnson. “A project of this magnitude requires the hard work and perseverance of many individuals who embrace the shared philosophy of helping those in need find long-term relief and a permanent place to call home. SECU members are honored to support the vision and mission of Good Shepherd Center and Lakeside Reserve by helping fund this new housing development.”
SECU Lakeside Reserve is one of many initiatives SECU Foundation has helped through partnerships with numerous North Carolina non-profits to build or expand housing programs that address community needs. This permanent supportive housing complex is recognized as a national Best Practice and will serve as a model other service providers can replicate throughout the state.
“Words just cannot express how grateful we are for the incredible generosity of State Employees’ Credit Union members and the SECU Foundation,” said Katrina Knight, Good Shepherd Center Executive Director. “Their gift will literally end the homelessness of 16 neighbors with disabilities, providing them each a stable home where they may regain their health and sense of well-being. SECU Lakeside Reserve will serve as a life-changing intervention for the most fragile among us. It is our hope that our SECU partners, neighborhood, and greater community alike may take pride in this inspired building, knowing that together we are not merely addressing homelessness but ending it for so many.”
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.