Together, with the Wisconsin Women’s Business Initiative Corporation, Prime Financial Credit Union is empowering communities with access to financial education & resources.
MILWAUKEE, WI—Hosted by the Wisconsin Women's Business Initiative Corporation (WWBIC), the "Make Your Money Talk!" series empowers in-person and virtual attendees with knowledge and tools to achieve their financial goals, including:
- How to create a household budget
- What a credit score is and how to improve it
- Creating SMART goals
- Identifying unexpected spending "leaks"
- Introduction to credit union products & services
On Saturday, Prime Financial Credit Union's Terina Hammick, Director of Business Development & Sales, and Frank Olson, Director of Community Relations & Financial Education, led the series' discussion of products and services, introducing attendees to key concepts about home loans, auto loans, checking accounts, and personal financing solutions.
About the Wisconsin Women's Business Initiative Corporation (WWBIC)
The Wisconsin Women’s Business Initiative Corporation is a leading innovative statewide economic development corporation whose mission is “Putting Dreams to Work.”
Founded in 1987, WWBIC hosts six regional Women’s Business Centers of the U.S. Small Business Administration across Wisconsin, plus a childcare-focused Women’s Business Center based out of their statewide headquarters in Milwaukee.
WWBIC aims to open the doors of opportunity by providing individuals interested in starting, strengthening or expanding businesses with access to key resources, including financial products and quality business & personal financial training. The services WWBIC provides to the thousands of clients served each year revolve around the “Four Cs”:
Credit & Financial Wellness
WWBIC encourages financial wellness for small business owners and all Wisconsinites through training sessions that provide credit recovery assistance and tips on how to save money.
Classes & Trainings
WWBIC offers entrepreneurship training sessions statewide including our popular 9-week course on building a business plan. Trainings are available in person or online, offered year-round, many at no fee.
Capital & Lending
WWBIC is a Community Development Financial Institution (CDFI) and is among Wisconsin’s largest microlenders. WWBIC provides access to capital for business start-ups and expansions.
Connections & Coaching
WWBIC provides valuable individualized feedback to our clients through technical assistance, sustaining relationships with our clients to ensure they have access to the tools and skills they need to grow profitable, sustainable businesses.
Alignment of CDFI Values
Both Prime Financial Credit Union and WWBIC hold the designation of Community Development Financial Institutions (CDFIs) from the U.S. Department of Treasury. Community Development Financial Institutions share a common goal of expanding economic opportunity in low-income communities by providing access to financial products & services for local residents & businesses.
This mission is made possible in parts thanks to the Community Development Financial Institutions Fund, which plays an important role in generating economic growth and opportunity in some of our nation's most distressed communities. By offering tailored resources and innovative programs that invest federal dollars alongside private sector capital, the CDFI Fund serves mission-driven financial institutions that take a market-based approach to supporting economically disadvantaged communities.
Together, with aligned CDFI missions, PFCU and WWBIC are working hard to bring economic opportunity to hardworking people.