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 hphillips@vocwny.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.
# # #
About CCCS
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
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