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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.
Learn more about Sustainable Business Strategy with Rebecca Henderson, in collaboration with Harvard Business School online. The Callahan Academy combines Harvard teachings and credit union industry discussions to explore:
Uncertainties shouldn’t dissuade an honest reflection on whether leadership teams have the right tools to tackle the tasks at hand.
A Global Sustainability Program at United Nations Federal Credit Union comprises eight goals and programs to complete over a five-year period.
St. Louis Community Credit Union strives to be a positive force, and it has the impact report to prove it.
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Credit unions are experimenting with employee-sponsored small-dollar loan programs at the urging of Filene and the FINRA Foundation.
How an economic developer, money manager, and keen collaborator at the helm is empowering a green revolution at Vermont State Employees Credit Union.
A small Ohio credit union includes income replacement in a loan package aimed at spurring personal and community economic development.
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.
A coaching program at Wright-Patt Credit Union teaches members how to be responsible with money while enjoying life.
Doing the right thing is a business model that combines profit, passion, and the pursuit of happiness.
Credit unions across the country are boosting their minimum wage.
Everence FCU lives out the principle of stewardship through loan, investment, and deposit products.
A loan doesn’t have to be massive to be mighty. These high-impact programs have an outsize effect on members and communities.
Silver State Schools’ savings program has helped students in low-income schools tuck away more than $250,000 in five years.
Quicken Loans might be underpinning the revitalization of Detroit, but financial cooperatives are serving the long-awaited renaissance in their own ways.
Suncoast Credit Union’s decade-long investment in solar and sustainability have brightened its triple bottom line.
Credit unions in California and Vermont share how they help employees maintain healthy habits.
The ability to create shared member value differentiates credit unions from other financial services providers.