Tuesday, September 29, 2009

HarborOne's financial literacy center recognized nationally; called a model for others

Financial literacy is almost as important as learning language, immigrants have to be taught how to manage their money in our system. This also helps them protect themselves from scams and predatory practices. - - Donna Poisl

By Beth Perdue, Bulletin editor

BROCKTON, Mass. — A community banking center, begun to help stem the tide of foreclosures in Brockton, has received national recognition for its work helping low and moderate-income residents, minorities and immigrants avoid predatory financial practices through education.

HarborOne's Multicultural Banking Center won the National Credit Union Foundation's Herb Wegner Memorial Award for Outstanding Organization. The credit union will be one of only four in the nation honored at an awards dinner in Washington D.C. in February.
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