At PixelSpoke, we’re serious about giving back. In fact, community giving is written into our cooperative bylaws. Each year, we donate 10 percent of our profits to organizations that are creating a more just, equitable, and sustainable world. Five percent of our…Read more Community Giving Spotlight: Inclusiv Champions Financial Inclusion
The “About” pages on credit union websites are full of stories about humble beginnings—small groups of people getting together to pool their resources. Nueva Esperanza Credit Union has a similar story, but with one crucial difference: It was founded in 2010. This…Read more How to Start a Credit Union from the Trunk of Your Car
Credit unions have long been enthusiastic champions of their communities, but can they be doing more? How can they think outside the box to catalyze social change? Sharee Adkins, GoWest Credit Union Association Chief Impact Officer and Foundation Executive Director, joins us…Read more How Credit Unions Can Catalyze Social Change
Most credit union employees are familiar with the cooperative principles, including Principle #6: Cooperation Among Cooperatives. Yet while credit unions have a proven track record of collaboration, it seems this principle has yet to be fully realized between credit unions and other cooperatives….Read more What Cooperation Among Cooperatives Looks Like in Practice
Florida Governor Ron DeSantis has ended nearly six decades of perks for Disney, stressing that he will not allow “a woke corporation based in California to run our state.” A Texas law bans municipalities from doing business with financial institutions that have…Read more How to Market Your Credit Union’s Social Impact in the Era of ESG Backlash
Credit unions have always been better cooperators than competitors. The joint investments of five Washington-based credit unions to the Evergreen Impact Housing Fund (EIHF) is a shining example of the “cooperation among cooperatives” principle in action. The greater Seattle area is one…Read more How Five Credit Unions Joined Forces to Tackle Affordable Housing
Credit unions, by their nature, are community oriented, but some are more intentional about their commitment to impact. Community Development Financial Institutions, or CDFIs, are a perfect case in point. Credit unions now represent a third of the CDFI industry, serving more…Read more What Does It Mean to Be a CDFI, and Why Do CDFIs Matter?
As co-owners of a worker-owned B Corp marketing agency, we find it rather unfortunate that our core clients, credit unions, can’t be B Corps themselves. While the B Corp certification, which measures a company’s entire social and environmental impact, is meant to be…Read more Does Your Credit Union Meet these 5 Criteria for Assessing Impact?
Is the financial industry committed to the common good? If you equate the financial industry with megabanks, the answer would likely be a resounding no. Though millions of Americans are megabank customers, it’s doubtful many of us believe that these banks have…Read more The 6 Principles of Values-Based Banking