What does “sustainability” mean for credit unions? It’s not just solar lending and green branches, although those do play a role at some shops. Sustainability means serving members today, tomorrow, and into the future. To do that, credit unions are rethinking their roles in and responsibilities for members, employees, communities, the environment, and more.

Credit unions are embracing their purpose and making values a cornerstone of their strategy. It’s possible to do well while doing good, and this Callahan Collection spotlights credit unions that are combining profit, passion, and the pursuit of happiness to achieve long-term sustainability.

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Strategies For Sustainability

By Marc Rapport | Aug. 26, 2019

St. Louis Community Credit Union strives to be a positive force, and it has the impact report to prove it.

By Marc Rapport | Aug. 19, 2019

Credit unions are experimenting with employee-sponsored small-dollar loan programs at the urging of Filene and the FINRA Foundation.

By Marc Rapport | July 1, 2019

A small Ohio credit union includes income replacement in a loan package aimed at spurring personal and community economic development.

 

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By Sharon Simpson | July 1, 2019

How an economic developer, money manager, and keen collaborator at the helm is empowering a green revolution at Vermont State Employees Credit Union.

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A New Normal

By Erik Payne | June 1, 2019

Hurricane Michael made landfall on Oct. 10, 2018, and quickly became one of the most destructive storms in U.S. history. Innovations Federal Credit Union lived through it, and discusses the business continuity, disaster recovery, and teamwork efforts required to be the first financial institution in its community back online.

By Erik Payne | June 1, 2019

Since 2013, Innovations FCU has worked to serve the full business services needs of its low-income membership. In the wake of Hurricane Michael, the need may be greater than ever.

By Sharon Simpson | May 20, 2019

A salary advance program at one of the nation’s largest credit unions helps members stop running in place and start saving for the future.

By Marc Rapport | April 22, 2019

Tree-hugging roots run deep at the Vermont credit union, which offers an array of lending and deposit products aimed at fighting climate change.

By Erik Payne | April 1, 2019

The Idaho credit union’s weatherization loan offers an alternative to high-interest credit cards and HELOCs.

By Marc Rapport | March 18, 2019

Twenty-five years in, the Treasury Department program’s roster is dominated by member-owned cooperative financial institutions, who find a precise mission fit.