SECU members support new Cleveland County Rescue Mission
RALEIGH, NC (October 22, 2015) — With support from the member-funded SECU Foundation, other capital campaign donors and the local community, Cleveland County Rescue Mission opened its doors to a larger facility in Shelby, N.C. earlier this year, providing shelter for homeless men who are trying to improve their lives. SECU Foundation provided a $500,000 no-interest construction loan to the Inter-Faith Alliance Corporation for the renovation of a three-story building that is now the Rescue Mission’s new home.
The Foundation partnered with the North Carolina Housing Finance Agency (NCHFA) for the construction loan to help the Rescue Mission meet the increased needs of the current homeless population in Cleveland County. NCHFA, a public agency, provides permanent financing to help non-profits like Inter-Faith Alliance build housing in support of individuals and families experiencing economic and social challenges. Cleveland County’s Rescue Mission, renovated to a 40-bed facility, is equipped to provide both 24/7 emergency shelter and transitional housing programs for homeless men, with an on-site medical clinic, counseling services and an education/computer lab for skills training to help them transition to independent living.
“We are grateful for the collaborative effort and generosity of State Employees’ Credit Union members toward the renovation of our new facility,” said Michael Gullatte, Executive Director of the Cleveland County Rescue Mission. “SECU Foundation’s support will help us provide warm nights of shelter for homeless individuals this winter season and beyond!”
Todd Currin, Vice President of SECU’s Shelby branch remarked, “Cleveland County Rescue Mission has the support of SECU members who care and understand the need for expanded services to help the homeless regain control of their lives and break the homelessness cycle. We are pleased to work together with Inter-Faith Alliance Corporation and the North Carolina Housing Finance Agency to benefit the shelter’s mission of service.”
About SECU and the SECU Foundation
A not-for-profit financial cooperative owned by its members, and federally insured by the National Credit Union Administration (NCUA), SECU has been providing employees of the state of North Carolina and their families with consumer financial services for over 85 years. SECU is the second largest credit union in the United States with $50 billion in assets. It serves over 2.7 million members through 274 branch offices, over 1,100 ATMs, Member Services Support 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 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.
