Inclusiv Supports and Strengthens CDFI Credit Unions
With the release of Inclusiv's 2021 CDFI Credit Unions Build Inclusive Economies e-book, we are recognizing members utilizing their CDFI certification to its full capacity to advance financial empowerment in their communities. Read about the work of CDFI credit unions in delivering safe, affordable, and accessible products and services to traditionally underserved communities and communities of color, particularly following the economic effects of the pandemic, in Inclusiv’s free e-book.
- Eager to offer more loan options for credit-challenged members, Guadalupe CU developed the successful Predatory Debt Relief loan.
- Greylock FCU embraces partnerships to offer a car loan program, assist people experiencing homelessness find safe and affordable housing, and offer micro-loans.
- One Detroit CU established Refi My Ride to help Detroiters cornered into predatory financing by "buy-here, pay-here" car dealerships.
- In rural Alaska, Tongass FCU microsites serve small remote communities through a sustainable, community-centered model.
- Through a partnership with local organizations, New Orleans Firemen's FCU runs The Faith Fund, which empowers individuals and families to achieve their financial dreams.
- Northwest CU Association understands that a credit union’s own culture and strategy journey should be considered even prior to conversation on the benefits of CDFI certification—but that the certification can be a part of growth and provides opportunities for the credit union’s success.
To read more amazing stories and learn how your credit union can benefit your members through CDFI certification, download our e-book.