Consumer Credit Counseling Service & the Veterans One-stop Center to Hold Free Virtual Workshop for Veterans
Veteran Financial Health During the Pandemic-Special Workshop Just for Veterans
Thursday May 14th at 12:00 pm on Zoom
Consumer Credit Counseling Service (CCCS) and the Veterans One-stop Center of WNY (VOC) urge local veterans to attend a free virtual workshop designed to address their specific financial needs on May 14th. Bank of America is sponsoring the workshop to promote economic mobility among vulnerable populations and has a long-standing commitment to veterans.
Veterans and active service members frequently experience financial challenges that are unique to their status, making financial uncertainty an unfortunate part of life for them and their families. The pandemic has intensified the challenges veterans and current military members face, plunging financially insecure veterans into a more intense arena of uncertainty. CCCS and the VOC are providing the Workshop to answer questions and offer guidance, in addition to their ongoing financial counseling for veterans, service members and their families, which enables veterans to make sense of their constantly changing situations, and to reduce anxiety and stress.
“These are difficult times for everyone, especially the veterans of the United States Armed Forces. It is the obligation of the Veterans One-stop Center of WNY, and our partners, to support and serve the veterans of Western New York, just like they supported and served for us when they joined the military.” Says Chuck Marra, President and CEO of the Veterans One-stop Center. “Thank you to Bank of America for sponsoring this workshop and making it possible. The workshop aims to alleviate and guide veterans on a path of economic success and financial sustainability, and assuage anxiety surrounding financial health during the pandemic.”
The free Veteran Financial Health During a Pandemic Workshop will be held on Thursday, May 14th at 12:00 pm. It will include an overview of Community Resources and benefits with information about:
- Creating an Emergency Budget
- Emergency Budgeting Tips
- Protecting Your Credit Score
- Economic Stimulus Checks—veterans are eligible but it may be tricky as mentioned above
- Mortgage Relief Options/Car Loans/Credit Card Payment Options
- Avoiding Scams
To register for the workshop, you must email firstname.lastname@example.org or call 716-898-0110.
“Your financial health is an important thing to consider, especially now, and our virtual workshop with CCCS and the VOC will help answer any questions you may have,” said Kevin Murphy, Buffalo Market President for Bank of America. “Bank of America is committed to helping the veterans who have done so much for our company and our country, and we’re grateful to CCCS and VOC for this opportunity to give back to Buffalo’s retired and active duty military personnel.”
CCCS has been providing free financial checkups to all WNY residents since March and is now offering Virtual Workshops to the entire community. For those interested in a free financial checkup by phone, call 712-2060 or visit www.consumercreditbuffalo.org. A Certified Financial Counselor will help address your financial concerns during these extraordinary times and can assist in creating an emergency budget. CCCS urges you to take some positive action that will help quell anxiety and potentially alleviate fears.
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CCCS is a non-profit, full-service credit counseling agency, providing confidential financial guidance, financial education, counseling and credit repayment assistance to consumers since 1965. CCCS of Buffalo helps consumers trim expenses, develop a spending plan and repay debts. Counseling is available at our Main Office in West Seneca, in one of our Satellite Offices, by telephone and via Internet. Visit www.consumercreditbuffalo.org for more information.
About the Veterans One-stop Center of WNY
The Veterans One-stop Center of WNY is unites and empowers veterans, service members, and their families to transition from military to civilian life by providing free services and resources such as employment, financial counseling, legal, housing, and peer support, and more. For more information about the Veterans One-stop Center of WNY, visit www.vocwny.org.
About Bank of America
At Bank of America, we’re guided by a common purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It’s demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. Learn more at about bankofamerica.com and connect with us on Twitter (@BofA_News).
Bank of America has delivered more than $2 billion in philanthropic investments since 2009, with approximately $250 million in 2019 alone. In April 2019, the company announced a $5 billion Bank of America Community Homeownership Commitment™ to benefit low- and moderate-income homebuyers and communities across the U.S. over the next five years. Also in 2019, Bank of America Community Development Banking provided a record $4.88 billion in loans, tax credit equity investments and other real estate development solutions. Between 2005 and 2019, Bank of America financed 202,800 affordable housing units. To meet the unique needs of its 12 million small business owners, the company provides advice, solutions and dedicated support. Bank of America maintained its position as the nation’s top small business lender at the end of 2019, with $38.9 billion in total outstanding small business loan balances (defined as business loans in original amounts of $1 million and under), up 7% year over year.
For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts. www.bankofamerica.com