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VCC Participates in Family Financial Stability Workshop

4/13/2011

The Virginia Head Start Association Training Conference was held  April 5-7, 2011 at the Southwest Virginia Higher Education Center in Abingdon Virginia.  This year’s conference included a Family Financial Stability Track for Head Start Directors and teachers, and 65 people attended.   The session included various presenters to discuss: What is Family Financial Stability and Why is it important; Resources and Tools for Head Start Programs and examples of Best Practices to help in developing local implementation plans. 

To recognize the importance of savings during April’s Financial Literacy Month, Teresa Walker, Virginia Community Capital’s Savings Manager and a supporter of Virginia Saves,  participated in the afternoon panel, along with Chris Neighbor, IRS and Trish Geddes, ClearPoint Financial Counseling.  Teresa presented information on tools and resources offered by Virginia Saves, a national consumer awareness campaign to promote savings, as well as, affordable banking products from VCC’s banking subsidiary, Community Capital Bank of Virginia. 

Attendees were provided the opportunity to join Virginia Saves and to be entered in a drawing for a $50 savings bond, courtesy BB&T/VCC/Virginia Saves.   Simon Fiscus, Head Start Director, Skyline Community Action Partnership, Inc. won the drawing and is currently saving for his child’s education! 

For additional information about Virginia Community Capital or Virginia Saves, please see: www.vacommunitycapital.org or www.virginiasaves.org

About Virginia Community Capital:
Virginia Community Capital (VCC) is a multi-million dollar non-profit, community development financial institution (CDFI) and banking entity providing innovative loan and investment solutions for affordable housing and economic development projects in the Commonwealth of Virginia. Our mission is to offer innovative, flexible financial products designed to support housing and community development ventures, increase jobs and build sustainable communities. VCC offers loan capital that is broader than bank lending to projects that have a positive community impact in low- to moderate-income communities in underserved geographies and markets. To learn more about the organization, visit: www.vacommunitycapital.org.