The Wyoming-based credit union is testing a program that rewards members for contributing to a fund to help other members more easily afford a down payment on a home.
A program at Carolina Foothills FCU targets low-income borrowers with flexible underwriting practices, financial education, and partnerships with public, private, and nonprofit groups.
Since its launch in 2010, the credit union’s Summer Youth Employment Program has helped young members earn an income, save money, and build financial wellness.
Through the Volunteer Income Tax Assistance program, cooperatives help prep and file tax returns for underserved community members.
The Connecticut credit union has an in-depth plan to help narrow the racial wealth gap and expand access to underbanked consumers.
A focus on reining in costs and changing organizational culture have transformed the Ohio-based institution.
Unprecedented earthquake activity on the south coast of the Caribbean island has impacted thousands of residents. Now, credit unions are helping with the recovery.
Credit unions are experimenting with employee-sponsored small-dollar loan programs at the urging of Filene and the FINRA Foundation.
The Michigan cooperative is going against the grain of other FIs by serving moderate to low-income members, opening new branches, and tapping CDFI funds to lend to people in need.
Nusenda Credit Union works with community partners to identify and support borrowers shut out of traditional lending.
Having weathered a difficult five years, U.S households have modestly improved their financial situation in the short term; their long-term prognosis is murkier.
Third quarter performance data is a reminder that credit unions perform best when conditions are hardest.
From cross-cooperative collaboration to well-timed relief products and services, credit unions are lightening the holiday budget burden.
Amid a turbulent financial landscape, credit unions across the country stepped in with lending, grants, and community partnerships to support small businesses and entrepreneurs.
The Arizona-based credit union has revamped its approach to financial education and community partnerships to better serve the needs of its market.
Look beyond the headlines to better understand what is driving current market trends and how they could impact credit union investment portfolios.
A pair of CDFI grants allowed the Florida-based credit union to help members restart their lives on the island or relocate to the United States.
From the boardroom to the branch floor, credit union leaders share thoughts on being different, embracing challenges, keeping mission top of mind, and more.
The right people in the right positions can make a meaningful difference in driving success and exploring opportunities.
The editorial team at Callahan & Associates weighs in on stories that defined 2025 through actionable strategies, meaningful insights, and perspectives that continue to influence the cooperative movement.