SECU Members Help Celebrate Opening of SECU Lakesi

RALEIGH, N.C., June 30, 2017 (GLOBE NEWSWIRE) -- A Ribbon Cutting held on West Lake Shore Drive in Wilmington this week celebrated the phase one opening of 16 SECU Lakeside Reserve apartments, welcoming the facilities’ first residents.  The two-phase supportive housing development designed for homeless citizens with disabilities is a collaborative venture between Good Shepherd Center, Lakeside Reserve, Inc. and partnering organizations, including the SECU Foundation.  During the dedication, SECU Foundation Board Chair Jim Johnson spoke on behalf of State Employees’ Credit Union (SECU) members who fund the Foundation, highlighting their shared commitment of a $1 million grant to help the Wilmington non-profits complete phase one and move forward with the construction of 24 additional units.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/Attachm...cd067b9dad

“We are all very excited about the tremendous impact SECU Lakeside Reserve will make for our seniors, veterans and persons with disabilities in Wilmington and the surrounding regions,” remarked Johnson.  “A project of this magnitude requires the hard work and perseverance of many individuals who embrace the shared philosophy of helping those in need find long-term relief and a permanent place to call home.  SECU members are honored to support the vision and mission of Good Shepherd Center and Lakeside Reserve by helping fund this new housing development.”

SECU Lakeside Reserve is one of many initiatives SECU Foundation has helped through partnerships with numerous North Carolina non-profits to build or expand housing programs that address community needs.  This permanent supportive housing complex is recognized as a national Best Practice and will serve as a model other service providers can replicate throughout the state.

“Words just cannot express how grateful we are for the incredible generosity of State Employees’ Credit Union members and the SECU Foundation,” said Katrina Knight, Good Shepherd Center Executive Director.  “Their gift will literally end the homelessness of 16 neighbors with disabilities, providing them each a stable home where they may regain their health and sense of well-being.  SECU Lakeside Reserve will serve as a life-changing intervention for the most fragile among us.  It is our hope that our SECU partners, neighborhood, and greater community alike may take pride in this inspired building, knowing that together we are not merely addressing homelessness but ending it for so many.”

About SECU and the SECU Foundation A not-for-profit financial cooperative owned by its members, SECU has been providing employees of the State of North Carolina and their families with consumer financial services for 80 years.  The Credit Union also offers a diversified line of financial advisory services including retirement and education planning, tax preparation, insurance, trust and estate planning services, and investments through its partners and affiliated entities.  SECU serves 2.2 million members through 257 branch offices, nearly 1,100 ATMs, 24/7 Member Services via phone and a website, www.ncsecu.org .  The SECU Foundation, a 501c (3) charitable organization funded solely by the contributions of SECU members, promotes local community development in North Carolina primarily through high impact projects in the areas of housing, education, healthcare and human services.  Since 2005, SECU Foundation has made a collective financial commitment of more than $130 million for initiatives to benefit North Carolinians statewide.

Contact: Jama Dagenhart, Executive Director Office: 919-839-5562 | secufoundation@ncsecu.org