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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. Through a series of mergers, acquisitions, and new branch launches, in California, Illinois, Florida and Wisconsin 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 members. We are committed to delivering safe and affordable savings, transparently-priced accounts and a full suite of loans – small dollar, citizenship, unsecured consumer, auto, and mortgage – often to borrowers who could not access responsible services elsewhere.
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.
Altogether, Self-Help Credit Union and Self-Help Federal Credit Union have merged with 16 credit unions and one bank to create a network of over 49 branches serving just over 130,000 people in six states.
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