Inclusiv Credit Unions

Tomorrow, 4/15! Inclusiv presents experts from Citi, DRB Consultancy and Faith Based Credit Union Alliance for a discussion on expanding support to Black-led and Black-serving credit unions. Learn more and register: https://www.inclusiv.org/inclusivs-model-to-preserve-and-%/

Juntos Avanzamos (Together We Advance) is a designation for #creditunions committed to serving and empowering #Hispanic and immigrant consumers, helping them navigate the U.S. financial system and providing safe and affordable financial services. Juntos Avanzamos credit unions employ bilingual, culturally-competent staff and leadership, accept alternative forms of ID, and treat all of their members with respect, regardless of immigration status. #diversity and #inclusion is at the heart of #Inclusiv's work. We've been leading the national expansion of Juntos Avanzamos, in partnership with the Network of Latino Credit Unions and Professionals (NLCUP); Coopera; Cornerstone Credit Union League, and a growing number of state leagues and associations across the country. https://juntosavanzamos.org/

A great opportunity from Public Bank NYC to raise the profile of the #NYPublicBankingAct as a priority for the rest of this legislative session:

Join Inclusiv and officials from The U.S. Department of the Treasury TODAY 4/13 at 1:15pm ET! Learn more and register: https://www.inclusiv.org/town-hall-a-conversation-with-the/

Diversity, equity, and inclusion is integral to #Inclusiv's work. Revisit stories that share the work #creditunions and minority deposit institutions (#MDIs) do to build stronger, more prosperous communities, combating the racial wealth gap by offering safe, affordable #financial services for all. #DEI https://www.inclusiv.org/honoring-the-mdis-fighting-for-ra/

Stepping Stones Community Federal Credit Union in Wilmington, DE was recognized by Delaware Online and USA TODAY as a critical resource of financial services in its community. As the only chartered MDI in the state, the credit union was originally created to provide alternatives to payday lending but has since become so much more. Read about Stepping Stones’ community-based approach to banking, including its signature mobile van that provides service on the go: https://www.delawareonline.com//stepping-stone/3658718001/

For the advancement of racial justice and equity, Business Roundtable CEOs are committing to providing the following resources for CDFIs that are Black- or Latino-led and/or serving: Business Roundtable companies are contributing grants and low-cost debt to CDFIs that are Black-led and/or serving Black communities and Latino-led and/or serving Latino communities. Business Roundtable is setting an organization-wide goal of $1 billion in support by 2025. Business Roundtabl...e members are also setting a Roundtable-wide goal of $600 million by 2025 in financial contributions to provide vetted Black-led and Latino-led MDIs with capital and deposits. Learn more: https://www.businessroundtable.org/equity/finance

The Inclusiv/Juntos Avanzamos Hispanic Heritage Month e-book is out! Learn more about the critical work community development credit unions are doing across the nation to serve and financially empower Hispanic and immigrant communities. Featuring credit union and partner profiles from the California and Nevada Credit Union Leagues and River City Federal Credit Union; in depth articles from Point West Credit Union, Brooklyn Cooperative Federal Credit Union and Illiana Financial Credit Union; and updates about new CDFI funding for Puerto Rico financial cooperatives Cooperativa La Sagrada Familia, Jesus Obrero Cooperativa, and CamuyCoop. Read and download the e-book: https://www.inclusiv.org/hispanic-heritage-month-2020/

Register here: https://events-na7.adobeconnect.com//event_registration.ht Additional Note: Tax Time Savings Initiative 2021 cohort application deadline has been extended to October 22, 2020: https://www.dropbox.com//3170-0068%20Tax%20Time%20Savings%

10 faith-based credit unions serving minority communities have announced upgrades and even new core processing services as part of an agreement under which they... have pooled resources for the past decade as the Faith Based Credit Union Alliance! https://loom.ly/CnQGHAU Inclusiv Credit Unions Illinois Credit Union League Citi CUInsight.com #creditunions #cudifference See more

Read the full press release: https://www.newyorkfed.org/news//aboutthefed/2020/20201009

Another new session and speakers! "Understanding and Responding to Interwoven Crises" features leaders from the National Credit Union Foundation, JPMorgan Chase & Co. Institute and SaverLife. Join these leaders and many more at the 2020 Inclusiv Virtual Conference on October 28. Learn more, register and stay tuned for updates about our sessions and speakers: https://www.inclusiv.org/about-us/sessions/

New sessions and speakers have been announced for the 2020 Inclusiv Virtual Conference on October 28! "Credit Unions Build Racial Equity" features leaders from Hope Enterprise Corporation, Border Federal Credit Union, Local Government Federal Credit Union and Civic Federal Credit Union. Learn more, register and stay tuned for updates about our sessions and speakers: https://www.inclusiv.org/about-us/sessions/

The Fall 2020 issue of Credit Union Magazine featured another Inclusiv member: Florida A&M University Federal Credit Union! CEO, Sheilah Montgomery, described how the credit union is assisting local African American entrepreneurs through personal relationships and catering to their unique needs: Many young African American entrepreneurs fear rejection because of past experiences with other financial institutions, Montgomery says. They were financing their businesses out of t...heir own pockets. So when we say access to capital, the first thought in a Black entrepreneur’s head is ‘I have nowhere to go.’ For the businesses that are very small and have not been able to leverage the growth needed to expand, We’re here to help them do that, says Montgomery. Read more: https://news.cuna.org/articles/118437-everyone-prospers

Inclusiv/ Juntos Avanzamos credit unions are engines of economic activity, providing relevant and affordable financial services and access to credit. They are also part of the thread that makes the fabric of the communities they serve, providing opportunities and supporting local activities. Earlier this month, María Martínez, CEO of Border Federal Credit Union, joined with community partners to distribute backpacks and other school supplies to students in Del Rio, Texas. #HispanicHeritageMonth

The Kresge Foundation featured Inclusiv in its "Inside Out & Outside In" report and in a series profiling partners who have responded to COVID-19 in inspiring ways. Read the story of how Inclusiv mobilized to help member credit unions quickly adapt to a new, unpredictable environment for serving their communities: https://kresge.org/news/covid-response-inclusiv

Today at 1pm ET! Join leaders from PolicyWorks, Your Credit Union Partner and Coopera Consulting in a discussion on financial inclusion for the Hispanic Community: https://register.gotowebinar.com/register/701839571924346125

The Federal Reserve Bank of New York invites you to its third event in a series of discussions on inequality on Thursday, 9/24 from 2:00-3:30 pm ET. The virtual event will also feature community development leaders and policy-influencers who will discuss insights for an equitable economic recovery focused on credit markets, the racial wealth gap, and workforce equity.