SECU supports local rehab facility with $1 million grant
SECU Foundation, the charitable wing of the nation’s second-largest credit union, said the funds will help with an expansion of TROSA’s Durham campus.
SECU Foundation, the charitable arm of State Employees’ Credit Union in Raleigh, North Carolina, is providing a $1 million donation to support the expansion of a local rehab facility.
The funds will allow the non-profit TROSA – Triangle Residential Options for Substance Abusers – to add an additional 90 licensed treatment beds and 17 new rooms for therapy and education to its Durham, North Carolina, campus.
“TROSA’s treatment model for long-term recovery continues to make a profound impact on the lives of those battling substance use disorder,” said SECU Foundation Board Vice Chair Mona Moon. “Our support for this expansion project comes with gratitude for their dedication to empower and uplift fellow North Carolinians who are overcoming addiction and journeying down the path to recovery.”
State Employees’, which does business as SECU, previously supported the non-profit with interest-free construction loans through the North Carolina Housing Finance Agency, and a $40,000 Mission Development Grant for strategic planning and growth.
Since opening in 1994, TROSA has served thousands of people seeking treatment from substance use disorders, and in fiscal year 2022-23, it provided no-cost services to individuals from 85 of 100 North Carolina counties.
The Foundation also recently awarded a $750,000 challenge grant to the Lucy Daniels Center for the construction of a youth mental health facility and resource center at its campus headquarters in Cary, North Carolina.
SECU is the second largest credit union in the U.S. with $57.2 billion in assets. It serves more than 2.8 million members through 275 branches.
The credit union last year named Leigh Brady its first female CEO. She replaced Jim Hayes, who resigned to become CEO of State Department Federal Credit Union in Alexandria, Virginia. The credit union earned roughly $150.4 million in the first three quarters of 2024, a 55% decrease compared to a year earlier, according to call report data from the National Credit Union Administration.
“Thanks to SECU Foundation’s generosity and community-forward mission, TROSA’s McDonald Hall will provide space for classes and training to support education advancement and life skills; safe, sober housing to support mental and physical health; and gathering spaces for forming important social connections.”
– Keith Artin
CEO and President
TROSA