WESTBROOK, Maine (1/25/16)--Citizens of war-torn and underdeveloped countries often build up a strong distrust for financial institutions--a sentiment that can be difficult to eradicate, even when given a chance at a new life in the United States.
That’s why in Maine--a state that has seen a recent influx of refugees from Africa and the Middle East--a credit union organization has created a workshop to help credit unions resurrect that faith in financial services for the disillusioned.
Spearheaded by the Maine Credit Union Financial Literacy Council, the workshop, called “Making Cents of A New Financial World: Connecting Refugees and Immigrants to Financial Services,” draws on the ideas of experts in this area to offer ways credit unions can engage and connect with refugees.
At the workshop, Claude Rwaganje, executive director of Community Financial Literacy, an organization dedicated to helping various ethnic communities, will discuss the landscape, offer ideas and initiatives and answer questions about serving refugees.
Rwaganje immigrated to the United States in 1996 from the Democratic Republic of Congo. He founded Community Financial Literacy in 2008 to “help refugees and immigrants understand the complex American financial system.”
Since its inception, the organization has reached more than 600 refugees.