The Remarkable Credit Union
How to Start a Credit Union from the Trunk of Your Car
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
How Credit Unions Can Catalyze Social Change
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
What Cooperation Among Cooperatives Looks Like in Practice
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
What Does It Mean to Be a CDFI, and Why Do CDFIs Matter?
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?
The 6 Principles of Values-Based Banking
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