Palmetto Citizens Federal Credit Union has committed $250,000 to the teachers and staff of Orangeburg County School District to assist them with the purchase of a home. PCFCU and OCSD announced their new partnership in a joint press conference on March 11th and highlighted the new Palmetto Citizens Homeownership Opportunity Grants.
Under this grant program, OCSD employees can receive up to $15,000 to help cover the down payment and closing costs when they finance their new home with Palmetto Citizens. This initiative reflects the shared commitment of both organizations to empower the educators and staff of OCSD and provide them with substantial support in their journey toward homeownership.
“Palmetto Citizens began over 87 years ago as an educators’ credit union and we’re still very much committed to those roots and to the teachers and school employees making such a wonderful impact in our community,” said Robert Dozier, Palmetto Citizens President and CEO. “Being able to provide $250,000 through our Homeownership Opportunity Grants to help the hard-working people of Orangeburg County School District purchase a home is something we’re extremely proud to be able to offer.”
These grants will not only help enhance the financial wellbeing of the district’s employees but also support OCSD’s staff
retention and recruitment efforts. “We are excited to announce our collaboration with Palmetto Citizens Federal Credit Union, a partnership that promises to significantly benefit our OCSD community. This initiative is a substantial step forward, offering our staff up to $15,000 in support toward homeownership. It’s an initiative that goes beyond financial assistance – it’s about providing our employees and their families with the opportunity to build stable, secure futures,” said Dr. Shawn Foster, OCSD Superintendent.
In addition to the Homeownership Opportunity Grants, the partnership between PCFCU and OCSD will include future