Overcoming Potential PR Issues from Credit Union Small-Dollar Loan Programs

Implementing a small-dollar loan program at your credit union has numerous benefits. But what about the possible negative of being viewed as a predatory lender?

The Member Segments Most Affected by Credit Union Small-Dollar Loan Programs

Small-dollar loans from credit unions can help many member segments. Read on to learn who is most affected—and why.

The Member Impact of Credit Union Small-Dollar Loan Programs

Implementing small-dollar loan programs at credit unions affects more than just low-income members. Read on to learn who small loans can help.

Can a Credit Union Small-Dollar Loan Program Help Convert Members into Traditional Borrowers?

Most credit union small-dollar loan programs assist people who are too cash-strapped to make large purchases. Can quick loans convert short-term borrowers into traditional ones?

Can Quick Small Loans Have a Positive Impact in an Emergency?

During emergencies and disasters, resources are tight. Should credit unions offer quick small loans to their members?

How do Credit Unions Reach Their Communities with Small-Dollar Loans?

Small-dollar loan programs from credit unions can help their members during difficult times. Learn more to find out how you can make this service known to your credit union community.

What are the Most Common Reasons Credit Union Members Use Small Dollar Loans?

Without a buffer of money in a savings or deposit account, most Americans are in danger of running out of money at the first setback.

How Can Quick, Small Loans Help Members Affected by a Government Shutdown?

Currently, disagreements over funding for Donald Trump’s proposed border wall have partially shut down the U.S. government. In this article, we’ll explore what that shutdown means for government employees. We’ll also suggest how credit unions can support their government employee members during the shutdown by offering quick, small loans. Regardless of your political leanings, one […]

The Importance of Promoting Financial Health and Employee Wellness.

Many credit unions are responsible for the financial health and employee wellness of two employee groups: their own employees and the employees of their SEG sponsors. It only makes sense then that these credit unions should promote financial wellness among both employee groups. Financial hardship has a negative impact on employee productivity in the short-term, […]

If Payday Lenders Disappear, Will Americans Survive?

According to a recent survey conducted by CareerBuilder, eight out of 10 Americans live paycheck to paycheck. They are not able to save money for an unexpected expense. Most financial advisors recommend three to six months of living expenses in a savings account. Yet, 35% of Americans have fewer than $500 in savings. If you […]