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Credit unions are experimenting with employee-sponsored small-dollar loan programs at the urging of Filene and the FINRA Foundation.
A monthly collection of Callahan content that, together, addresses a single topic from a variety of perspectives.
Manatee Community Credit Union provides reliable transportation and financial education to vulnerable, low-income members.
Partnering with employers allows credit unions to reach low-to-moderate income members through small-dollar loans.
Manatee Community uses a stair-step loan strategy to help members establish a relationship with a financial institution, build savings, build credit, and apply for unsecured funds.