As part of her statewide economic empowerment tour, State Treasurer Deborah Goldberg yesterday met with local residents participating in NeighborWorks’ Financial Power program in Brockton.
Goldberg commended the unique community partnership between HarborOne Bank and NeighborWorks Southern Mass., which organize the Financial Power program – a financial literacy program that provides classroom sessions and one-on-one coaching in eliminating debt, increasing savings, improving credit and other financial topics.
Program students and instructors use space provided by HarborOne U, which also offers free classes in financial education, personal enrichment and professional development.
“Empowering Massachusetts citizens through financial education is essential for developing and strengthening communities across the commonwealth,” Goldberg said in a statement. “Partnerships like HarborOne Bank, NeighborWorks Southern Mass., and the residents of Brockton are a key ingredient in promoting these skills.”
Goldberg and program officials discussed how public-private partnerships and financial education courses can help strengthen and stabilize the local housing market.
“At HarborOne, we know that we’re investing in Brockton’s future when we equip residents with financial tools for success,” President and CEO of HarborOne Bank James W. Blake said in a statement. “Through HarborOne U, we have worked to expand our collaboration with NeighborWorks Southern Mass. and widen our offerings for residents. Financial empowerment is key to spurring growth in Brockton and we’re committed to building a more vibrant City of Champions.”