Financial literacy a must have skill | News
Jobs training programs have defined the Urban League of the Central Carolinas for decades, but another series of lessons in life skills is head for the classroom and beyond.
A new tutorial here inspires students like Ophelia Baldwin who understands the need for financial literacy.
She said, "When you've been unemployed for a while, you're not going to the bank except to cash a check and that's gonna be at the other persons bank not your own…so this is giving people hope."
Keisha Moss has the job of managing this new uptown venture.
For now, she is a one person operation heading up Bank of the Urban League of the Central Carolinas, which is designed to assist customers from undeserved backgrounds.
"This is giving them a friendly avenue. Now I know how to save. Now I know how to budget,"Moss said.
In a city built of the strong success of its financial institutions, this bank has a different approach by finding customers who are too valuable to fail.
"I'm gonna bring in the lender,"Moss said." I'm gonna bring in the mortgage specialist."
It is that kind of vision and assistance that encourages students like Brandon Long.
"You're dealing with a small group of people and you're can get hands on with those people build a great relationship as opposed with a big bank," he said.
Features found at this nontraditional place of banking range from in house online services to reloadable Master Card debit cards for a fee of three dollars a month.
Backers here say it's a place for first time customers and those now in a need of a second chance.
Ophelia Baldwin understands the concept.
She was recently downsized from one of the city's big banks.
"Starting over can be tough. So you need someone to take you by the hand and walk you through the steps."
An official grand opening is planned for later this month.