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Credit Union Partnerships with NeighborWorks Organizations: Proven Models for Success

Author(s)/Creator(s): NeighborWorks America Campaign for Home Ownership 2002

Publication Date: 2003-03-03

Copyright Info: Copyright 2003 NeighborWorks® America.

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Summary/Abstract:
Credit unions and NeighborWorks organizations are natural partners. Both are not-for-profit, are governed by volunteer boards of directors and offer financial products and services to defined populations. Credit unions and NeighborWorks organizations have already begun to develop strategic alliances to serve the underserved.

The case studies documented in this paper are a testament to the fact that credit union partnerships with NeighborWorks organizations are a proven model for building healthy communities. Communities benefit from access to affordable financial products and services; moreover, credit unions and NeighborWorks organizations benefit from leveraging the human, physical, structural and financial assets that each has to offer.

Audiences Served: Advocates; Legislators/Legislative Aids; Policy Professionals; Researchers

Type/Format: CaseStudy

Language code: English

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