State Employees' Credit Union Members Assist with Funding for "My Aunt's House" in Winston-Salem, NC

RALEIGH, N.C.--(Business Wire)--
State Employees` Credit Union members via the SECU Foundation are providing
funding for a $1.1 million zero percent construction loan to assist with the
renovation of an existing residential building in Winston-Salem, NC which will
benefit pregnant and teen mothers. The Reynolds Cottage building, located on The
Children`s Home campus at 1001 Reynolda Road, will be renovated with 6
one-bedroom suites, 2 efficiency apartments and common areas for residents
including a kitchen, dining area, living and recreation rooms and laundry
facilities.

SECU is partnering with the North Carolina Housing Finance Agency (NCHFA) for
this supportive housing project, which is sponsored by The Children`s Home, a
non-profit that provides housing and services to youth. NCHFA provides permanent
financing to help North Carolina non-profits like The Children`s Home, Inc.
build housing for persons with disabilities and/or special needs. My Aunt`s
House will provide a safe, stable structured living environment for each mother
and child with adult supervision, case management, and transportation to
community services.

George M. Bryan, Jr., President of The Children`s Home, Inc. states, "We are
very appreciative to the members of the Credit Union for their SECU Foundation
assistance for My Aunt`s House. It is very exciting to have the opportunity to
expand our services to bolster these young families with life skills that
prepare them for more independent living situations and help them grow strong,
healthy families."

David King, SECU Foundation Board of Directors Chairman comments, "My Aunt`s
House is yet another wonderful NCHFA-SECU Foundation supportive housing project
that represents the true `People Helping People` cooperative spirit embodied by
SECU members. My Aunt`s House will serve as a place of great support for
homeless teen mothers and their children, providing them with basic necessities
and aiming to help them during their crisis of homelessness through a variety of
educational opportunities."

John Roberts, Senior Vice President of SECU`s Winston-Salem-Stratford Road
branch adds, "It is great to see a well-constructed 100+ year old building
renovated for such a wonderful purpose. The Winston-Salem community is really
coming together in support of My Aunt`s House, and they are truly thankful to
the members of SECU for their support of this worthwhile project!"

About NCHFA

The North Carolina Housing Finance Agency is a self-supporting public agency. It
has financed 191,000 affordable homes and apartments in the last three decades,
including nearly 80,000 homes for first-time homebuyers. To learn more, go to
www.nchfa.com.

About SECU and the SECU Foundation

SECU is a non-profit financial cooperative owned by its members. SECU has been
providing the employees of the State of North Carolina and their families with
consumer financial services for over 70 years. Currently serving 1.5 million
members, SECU provides services through 226 branch offices, over 1,000 ATMs,
24/7 call centers and a website, www.ncsecu.org. The SECU Foundation, a 501c (3)
charitable organization funded solely by the contributions of SECU members,
promotes local community development in North Carolina primarily through high
impact projects in the areas of education, health and human services.