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Credit Building Program - Mercy Corps Northwest

Heritage Bank - Portland, Oregon

2020 Community Commitment Awards Submission

  • Entry Category: Economic Inclusion
  • Asset Size: Medium

Building and maintaining strong personal credit is a building block of personal finance. This is especially true for low- to moderate-income individuals and under-served populations, such as women and people of color. With this in mind, Mercy Corps Northwest sought funding to implement a long term credit building program, combining education and credit building efforts over a period of one year.This combination of education, planning, and advising is a tremendous help for participants to identify a path forward and helps them stay on track towards their goals. It also is a portable program through which Heritage Bank employees can engage and support those in need in our communities. This combination of education, planning and advising helps participants identify a path forward and hopefully break intergenerational cycles of poverty.To help support the implementation of this program, Heritage Bank has committed ,000 over two years to Mercy Corps Northwest.