BROCKTON, Mass. – HarborOne CU was awarded a $100,000 grant from the National CU Foundation to help develop its recently launched multicultural banking center, the Fpundation announced yesterday.
The grant was one of 14 for a total of $600,000 approved by the National Foundation.
HarborOne opened the Center last September in its former headquarters in downtown Brockton. The Center was created to help low and moderate-income residents, minorities and immigrants avoid predatory financial practices through education.
To date, over 500 people have taken classes at the center, including courses on the basics of personal finance, first-time home ownership, foreclosure prevention and English as a second language. Because many of the victims of predatory financial practices have a limited understanding of English, these courses are taught in Spanish, Portuguese and French in addition to English.
Neighborhood Housing Services of the South Shore, Self Help, The Brockton Area Workforce Investment Board and Training Resources of America all offer services through the Center.
