United Way Center for Financial Stability receives a State Farm $10,000 grant to support financial literacy classes and homeownership trainings

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United Way Center for Financial Stability receives a State Farm $10,000 grant to support financial literacy classes and homeownership trainings

The United Way Center for Financial Stability, operated by Branches, received a $10,000 grant from State Farm to expand its financial literacy and homeownership trainings in 2015. The Center will utilize the funds to help support 100 trainings and workshops all throughout Miami-Dade County, including community sites, congregations, employers and other locations to help ensure easy access to financial education.

Last year, State Farm’s grant helped support 164 trainings, where Center staff empowered more than 3,313 members of our community with budgeting, credit and debt counseling, employment services, homeownership assistance and more.

“Thanks to the financial literacy workshops I’ve attended at the United Way Center for Financial Stability and the guidance provided by the financial coaches, I was able to get on a budget that allowed me to reduce my debt by almost $20,000 and get closer to my goal of owning a home,” said Wislet Noel, a year-round client of the United Way Center for Financial Stability.

State Farm Good Neighbor Citizenship grants support community-based programs in three areas: safety, community development and education.

“State Farm is a proud partner of United Way, and we are committed to helping families pave a path to financial independence and homeownership,” said Jose Soto, State Farm Community Specialist for South Florida.

About State Farm®

State Farm and its affiliates are the largest provider of car insurance in the U.S. In addition to providing auto insurance quotes, their 18,000 agents and more than 65,000 employees serve over 82 million policies and accounts – nearly 80 million auto, home, life, health and commercial policies, and nearly 2 million bank accounts. Commercial auto insurance, along with coverage for renters, business owners, boats and motorcycles, is available. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 41 on the 2014 Fortune 500 list of largest companies. For more information, please visit statefarm.com.