Self-Help Federal Credit Union was formed in 2008 to build a network of credit union branches to operate on a scale uncommon in the community development industry.

Self-Help Federal is part of the Self-Help family of non-profit organizations with a common mission and leadership. Over its 37-year history, Self-Help has learned that access to responsible savings, loans, and transactions is key to financial security, family healthy, and improved opportunity for low-income families. Self-Help has delivered $7.6 billion in financing through more than 137,000 loans to families, individuals, and organizations across the nation.

 

Self-Help’s Family of Organizations

Center for Community Self-Help

The Center is a charitable nonprofit 501©(3) organization that develops and coordinates Self-Help’s programs, raises resources and advocates for economic opportunity. All four of the below affiliates are also nonprofits.

Self-Help Credit Union

Self-Help Credit Union was founded in 1983 and is a member-owned, federally-insured, North Carolina-chartered credit union originally begun to raise deposits from members to make commercial, consumer and home loans. In order to expand our impact and provision of services, Self-Help Credit Union in 2006 began merging in North Carolina credit unions. To date Self-Help Credit Union has merged in eight credit unions and now has over 20 branches, $650 million in assets, and serves 60,000 North Carolinians.

Self-Help Federal Credit Union

Self-Help Federal Credit Union was chartered in 2008 to build a network of credit union branches to operate on a scale uncommon in the community development industry. Through a series of mergers, acquisitions, and new branch launches, in California, Illinois (where we do business as Second Federal),  and Florida, we are building a community development credit union that aims to provide high-impact financial services to working-class communities. Self-Help Federal now has 30 branches, approximately $950 million in assets, and serves over 80,000 people.

Self-Help Ventures Fund

The Ventures Fund is a nonprofit 501©(3) loan fund capitalized with loans and grants from foundations, religious organizations, corporations and government sources. It manages Self-Help’s higher-risk business loans, real estate development and home loan secondary market programs.

Center for Responsible Lending

The Center for Responsible Lending is a national nonprofit, nonpartisan research and policy organization. CRL is dedicated to protecting homeownership and family wealth by working to eliminate abusive financial practices.

organization structure