1 / 6

Community-Focused Solutions to Serving Underserved Communities

Community-Focused Solutions to Serving Underserved Communities. Randy Chambers President, Self-Help CU randy.chambers@self-help.org 919-956-4463.

castrejon
Télécharger la présentation

Community-Focused Solutions to Serving Underserved Communities

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Community-Focused Solutions to Serving Underserved Communities Randy Chambers President, Self-Help CU randy.chambers@self-help.org 919-956-4463

  2. Creating and protecting ownershipand economic opportunity for all, especially people of color, women, rural residents and low-wealth families and communities. Our Mission

  3. Who We Are: 501(c)(3) Non-Profits • 1980: Center for Community Self-Help Created to encourage and support worker-owned businesses through management consulting and technical assistance • 1984: Self-Help Ventures Fund Community development loan fund for specialized non-profit, commercial and business loans, real estate development and national home mortgage demonstration program • 2002: Center for Responsible Lending Non-partisan advocacy and research organization that works to protect homeownership and family wealth by fighting predatory lending practices.

  4. Who We Are: Credit Unions • Self-Help Credit Union (1984) Includes CUs that have served NC since as early as 1944. • 60,000 members • 20 branches • $560 million in deposits • Self-Help Federal Credit Union (2008) Created to bring together a statewide network of credit union branches in California. Includes institutions that have served California since as early as 1936 and Chicago since 1882. • 50,000 members • 20 branches (17 in California & 3 in Chicago) • $465 million in deposits

  5. Our Services & Products • Retail consumer services – lending, savings and transaction services • Direct home, small business, non-profit and commercial real estate lending • Secondary market bank partnership home lending • Commercial and residential real estate development • Policy, research and advocacy

  6. Our Impact • $6.4 billion+ in financing provided over 30 years. • 87,000+ loans to families, individuals, business and nonprofits. • Helped achieve national mortgage standard that ensures fair, sustainable loans. • Help push for successful abolition of bank payday lending (“deferred deposit advance”) and elimination of payday lending in multiple states.

More Related