Credit Unions: Advancing Communities

One Person at a Time

Advancing the lives of Credit Union Members Through Good Times and Bad

No matter what life brings, America’s credit unions have always been there to help strengthen the financial lives of individuals, families, and businesses across our nation. Credit unions are not-for-profit financial cooperatives owned by and operated for the benefit of members they serve.  Stronger Credit Unions make Stronger Communities.

This is why credit unions embrace their role in ensuring economic prosperity and fairness for everyone, including addressing the systematic socioeconomic disparities and inequalities in our communities. Our Plan for Better Communities confronts this challenge by:

  • Providing affordable financial services to more Americans, no matter where they live–especially for underserved and diverse communities in rural and urban areas;

  • Protecting families from predatory lenders by providing low-interest and responsible short-term loans when hit with unexpected medical debt, surprise medical billing, job loss, or other emergencies;

  • Helping more Americans achieve the American dream of owning a home with access to easy and lower cost home loans;

  • Assisting working families in sending their children to college via lower-cost student loans;

  • Ensuring their members’ personal financial data is secure and their privacy is protected against hackers and other bad actors;

  • Investing more in the local communities they serve, growing the local economy by expanding small businesses loans, and empowering job growth; and

  • Ensuring that all Americans  have access to a  not-for-profit cooperative choice  when it comes to their families’ financial futures.

The Credit Unions’ Plan for Better Communities is a common-sense, bipartisan set of solutions to transform the financial lives of all Americans.

Learn about how credit unions are building better communities in your state

 

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Featured News:

When you practice the credit union motto of “people helping people,” your day doesn’t end at 5 p.m. I spend most of my evenings speaking with small business owners, in a socially distanced environment, advising them on different strategies to help them continue to meet payroll and handle other operational expenses amid the COVID-19 pandemic. ...

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To say the least, 2020 was quite a year. From a global pandemic to the derecho storm to countless other issues, Iowans and small businesses are hurting. These disasters brought other financial challenges Iowans face into the spotlight — like access to affordable housing and child care, and a need for a “rainy day” fund. ...

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The social distancing rules repeated like a mantra in America’s urban centers, where the coronavirus is spreading exponentially, might seem silly in wide-open places where neighbors live miles apart and “working from home” means another day spent branding calves or driving a tractor alone through a field. ...

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Pamela Owens is a senior vice president, organizational development and capacity building at Inclusiv. She has been in the credit union industry for 21 years, and is a 2019 inductee to the African-American Credit Union Coalition Hall of Fame. ...

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Advancing communities through:

1 Million
Jobs
5,347
Credit Unions
120 Million
Members
$248
Financial Benefits per Household
$13 Billion
Total Financial Benefits for Americans
$223 Billion
Total Economic Impact