Urban League, Credit Unions Form Partnership to Advance Financial Well-Being of Black Oregonians
The Urban League of Portland, the Northwest Credit Union Foundation, and five Portland-area credit unions today announced a new partnership designed to advance the financial well-being of Black Oregonians.
The purpose of the new pilot program, called the Financial Empowerment Collaborative (FEC), is to foster financial empowerment in Portland’s Black community and provide solid pathways for participants on their path to financial and housing stability and wealth creation.
The FEC’s approach will focus on addressing Black Oregonians’ unique needs, so they can gain access to supportive products, services, education, and financial tools. The program will include customized financial education and coaching, case management, and an environment where participants can easily access essential credit union products and services.