COMMUNITY
UNM, Nusenda partner to rename financial capability center
Nusenda Credit Union will donate $150,000 annually over 10 years to support the newly named Nusenda Center for Financial Capability at UNM.
In a collaborative effort to improve financial literacy and reduce financial stress among students, Nusenda Credit Union has pledged funding to enhance and rename the University of New Mexico's Center for Financial Capability.
"We want every student to know this resource exists for them and that they have a partner in Nusenda, regardless of the financial challenges they may face," Nusenda Credit Union CEO Michelle Dearholt said during the announcement.
The newly renamed Nusenda Center for Financial Capability serves as the university's financial literacy department and is administered through the UNM Dean of Students Office. The center aims to alleviate financial stress by helping students overcome financial barriers.
"Students can meet with us one-on-one to discuss financial topics they want to learn more about," said Michael Martinez, program manager for the Nusenda Center for Financial Capability.
Martinez said the center offers a variety of services, including financial education, workshops, money management consultations and tax assistance.
"Financial literacy contributes to stronger households, stronger businesses and stronger communities, helping create the foundation for sustainable economic growth across our state," UNM President Garnett Stokes said.
Nusenda has pledged to donate $150,000 annually, totaling $1.5 million over the next 10 years.
The announcement follows Nusenda's recent 10-year naming-rights agreement for The Pit, now known as The Pit Powered by Nusenda.
"This is a reinvestment over the next 10 years and a vital part of who we are on campus," Dearholt told the Journal.
Isabella Campbell is an intern with the New Mexico Local News Fellowships and Internships Program, which places emerging journalists in newsrooms across New Mexico. Learn more at . She can be reached at icampbell@abqjournal.com.
