Pawtucket Credit Union Partners with Genesis Center to launch ‘Keys to Success’ Vehicle Savings Program
Pawtucket Credit Union has joined the Genesis Center to launch Keys to Success, a new matched savings program for low- and moderate-income Rhode Island residents. Keys to Success allows participants to set a savings goal between $500 and $2,000 and make regular deposits into a special savings account with Pawtucket Credit Union in order to work toward the purchase of a reliable vehicle. Once their savings goal has been reached, deposits will be matched by Pawtucket Credit Union so participants can complete an approved vehicle purchase.
“Eliminating barriers to reliable transportation can make a positive difference in a family’s economic stability. We’re pleased to partner with Genesis Center on the launch of the Keys to Success Program. This program supports PCU’s community investment philosophy of funding initiatives that directly impact the lives of Rhode Islanders” stated George Charette, PCU President and Chief Executive Officer.
Genesis Center is a multi-service organization offering high-quality adult education, job training, support services, and early learning for low-income Rhode Islanders who want to make a better life for themselves and their families. Today, it serves more than 800 adults and children every year from more than 35 countries. And, since access to reliable transportation is one of the largest barriers to obtaining employment and professional advancement, the Keys to Success program will help motivated Rhode Islanders save money for their future while instilling financial confidence and capability.
“We are pleased to be partnering with Pawtucket Credit Union on the Keys to Success Program. PCU’s generosity and commitment to the community has helped this program become a reality” said Shannon Carroll, Genesis Center President & CEO.« RETURN TO ALL NEWS