August 2016

Woodforest National Bank® Teaches Financial Education to Ruth's Place Residents

Woodforest National Bank teaches financial education to the residents of Ruth’s Place Women’s Shelter. Woodforest teaches the residents the importance of saving money for retirement, education, down payments, and ways to handle unexpected events. The residents complete several activities including defining individualized savings goals and strategies to accomplish these goals. Woodforest also covers a variety of other financial education topics during these classes.

The residents of Ruth’s Place Women’s Shelter learn these crucial life skills to assist them when they exit the shelter. The goal is to help them manage their personal finances and obtain permanent housing. The techniques learned help residents make informed choices when it comes to their financial future.

About Ruth’s Place

Ruth’s Place, a program of Volunteers of America® of Pennsylvania, is dedicated to providing shelter and case management services for women experiencing homelessness while honoring the dignity of each guest. Using evidence-based practices, the program provides safe, temporary and short-term emergency shelter for women experiencing homelessness in Luzerne County; coordinates and collaborates with other service providers and volunteers to assure the provision of services that address their basic physical, financial, health and spiritual needs; and assists sheltered guests to form and follow a permanent housing plan to quickly achieve stable, long term housing. Ruth’s Place is a faith-based program founded by the Methodist Urban Ministry in 2003. It operated as Ruth’s Place: House of Hope, Inc. from 2008 to 2013. In July of 2013 Ruth's Place merged with Volunteers of America of Pennsylvania.

For more information about Ruth’s Place visit www.ruthsplace.com.

Woodforest National Bank

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