Press Release

PSECU Hosts First Roundtable Discussion of Governor's Middle Class Task Force

Harrisburg, PA - October 13, 2017 - On September 28, leading Pennsylvania-based credit union PSECU hosted the first of Pennsylvania Governor Wolf's Middle Class Task Force regional roundtable discussions held to gain feedback and policy recommendations to improve the lives of Pennsylvania's middle class workers and their families.

"This task force is bringing together a special combination of representatives for employers, workers, educators, and students to listen to people across the Commonwealth about how we can support and grow Pennsylvania's middle class," said Governor Wolf. "Our state is making progress by increasing education funding and expanding economic incentives and workforce training, but middle class families know we must do more. It is important this task force hears from people on all sides so we can develop education, training, and economic development opportunities to ensure middle class families can live and compete in the 21st century economy."

Approximately 30 people, including representatives from the Wolf administration, print and broadcast media, and community members, attended the event, which was facilitated by a panel of business, labor, education, and workforce development experts.

"At PSECU, we follow the credit union model, which puts its members' - not shareholders' - financial interests at the forefront of all it does. As such, it makes sense for us to host such an important event aimed at bettering the lives of Pennsylvanians and ensuring they have opportunities to earn family-sustaining wages and contribute to a strong statewide economy," said PSECU's Vice President of Marketing and Membership Development Barb Bowker, who participated in the task force discussion.

"It was an honor to contribute to the conversation at the Middle Class Task Force roundtable," said Wendie DiMatteo-Holsinger, Chair of the Board of the PA Chamber of Business and Industry. "I hope that collectively, our dialog will shed light on improvements that can be made to areas such as pre-employment education, workforce training and development, and regional skill gaps for in-demand jobs. Together, we can work to advance prosperity for all Pennsylvanians."

"The roundtable's discussion had a recurring theme that stood out to me personally: the growing need for financial education to set our youth on a path to financial success," added Bowker. "This is a gap that PSECU has strived to fill for many years with our award-winning financial education program - WalletWorks - through which we provide free resources and learning materials for people of all ages."

Five similar Middle Class Task Force roundtables will be held throughout the state in the weeks to come to collect regional insight. The task force will present its recommendations to Governor Wolf later this year.

About PSECU

Opened in 1934, PSECU was founded by 22 ordinary people who made an extraordinary commitment to each other: To create a financial institution where pooled resources benefit all members. Today, we are a full-service credit union serving more than 430,000 members and have over $5 billion in assets. As a not-for-profit financial institution, our goal remains to help our members and their families achieve a better life. For more information about PSECU, visit psecu.com. View our Community Report Card to learn how we contribute to the greater good.

A panel of business, labor, education, and workforce development experts facilitate the first of six Middle Class Task Force roundtable discussions at PSECU on September 28.

A panel of business, labor, education, and workforce development experts facilitate the first of six Middle Class Task Force roundtable discussions at PSECU on September 28.