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Financial Empowerment Center Launches on PGCC Campus

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Article by: Jennifer L. Colter

Prince George's Community College is Home to the Region's First Financial Empowerment Center Launched by United Way NCA

 

Largo, MD -- Always at the forefront of transforming the community, Prince George's Community College (PGCC) is proud to announce yet another milestone reached by the College. In a monumental collaboration with United Way of the National Capital Area (United Way NCA), the region’s preeminent convener, collaborator and catalyst for social change throughout the National Capital community, the partners have officially opened the first Financial Empowerment Center (FEC) that is housed on the Largo, Maryland campus. A ribbon-cutting event was recently held to celebrate the opening of this vital resource.  

Like many communities in urban settings, the ratio of households that are living on very modest means is extremely high. There is a significant disparity between families earning substantial funds and those living at the poverty level where accumulating savings and investments is far from reality. For thousands of members living in this community, sudden unemployment, unexpected emergencies or serious medical issues can send a family into financial devastation. Real-world solutions and tangible resources designed to inform, educate, and empower individuals and families are what's needed, now, and the partnership between United Way NCA and PGCC is the impetus for transforming these lives.  

Betty Habershon, Director of the Financial Empowerment Center at PGCC said, "The opening of the Financial Empowerment Center on the campus of Prince George's Community College is not only a momentous occasion, but a significant achievement that will have a tremendous impact on this community. Through our free programs and an abundance of resources, individuals and families who have customarily been under-served will break those cycles and now step onto a leveled playing field designed to enhance their quality of life through financial training. Education about banking products and services, budgeting and fiscal management will transform the participants' perspective about money, and financial responsibility will no longer feel daunting, but more like freedom," she said.  

The Financial Empowerment Center is specifically designed to provide expertise to help individuals and families in Prince George’s County advance on a path toward financial stability without all of the cost normally associated with this level of service. Those interested in taking advantage of the array of resources can tap into services that include financial coaching, small business coaching, financial workshops and tax preparation, including prior year and amended tax returns. 

The FEC at PGCC is the first of several Financial Empowerment Centers that United Way NCA will open across the region as part of its Community Commitment, which is a $12.3 million investment to address the education, financial stability and health of residents throughout the National Capital community over the next five years.   

For more information about the Financial Empowerment Center at PGCC or to make appointments for any of the FREE services offered, please call Victoria Saunders, FEC Coordinator at (301) 546-1332 or visit www.pgcc.edu/go/FEC 

 

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