Self-Help Shares


Celebrating Juneteenth: Understanding the Flag, Colors, and Traditions

By Staff
  | Jun 18, 2024

Juneteeth Celebrating Black liberation in the past, present and future

Juneteenth (short for “June Nineteenth”) is a holiday commemorating the end of chattel slavery in the United States. It marks the day in 1865 that news of the Emancipation Proclamation finally reached Galveston, TX, letting the last people who were enslaved in the U.S. know they were free. It is considered a second Independence Day and is also called Freedom Day or Emancipation Day.

Juneteenth became the newest federal holiday in 2021, which means many of us are still learning about its significance. At Self-Help, we’re honoring this important holiday by getting a better understanding of the meaning behind some of the iconic Juneteenth symbols and traditions.

 

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A Guide to Navigating Homeownership for LGBTQIA+ Folks

By Staff
  | Jun 06, 2024

pride flag hanging outside a home

June is LGBTQIA+ Pride Month and Homeownership Month. What better way to honor both of these month-long celebrations than by talking about homeownership for LGBTQIA+ folks. 

At Self-Help, when we say ownership and economic opportunity for all, we mean ALL, which is why we put together this guide to support a more accessible homeownership journey for LGBTQIA+ couples, families, and individuals. LGBTQIA+ people face unique challenges when it comes to housing, and education is key!  

In this article, we discuss barriers to homeownership, advice on how to financially prepare, and tips for ensuring a safe and productive homebuying experience. 

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What Does the Recent CFPB Supreme Court Ruling Mean for Me?

By Staff
  | May 31, 2024

outside view of the Supreme Court

 

If you’re following the news, you may have seen or heard something about the recent Supreme Court ruling in favor of the Consumer Financial Protection Bureau, often referred to as the CFPB, and be wondering what it’s all about. 

We’re here to help break down what the CFPB is, what function it serves, and why this latest ruling is meaningful to you as a consumer. 

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Uplifting AANHPI Small Businesses in the Wake of the Pandemic

By Staff
  | May 29, 2024

Asian man in a suit outside of a store

Tae Park, entrepreneur and borrower with Self-Help Credit Union, stands outside his grocery store, International Foods, in Raleigh, NC. Circa 2012. 

While most of us have adjusted to living in a post-lockdown world, it’s hard not to acknowledge the deep, lasting impacts that COVID continues to have on our lives.  

In this article, we discuss the challenges that AANHPI businesses have faced due to the pandemic and how we can uplift these businesses this Asian American, Native Hawaiian, and Pacific Islander (AANHPI) Heritage Month and beyond.

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Financial Empowerment for AANHPI Communities: Breaking Down the Model Minority Myth

By Staff
  | May 16, 2024

Pacific Islander Family showing a baby a phone while smiling

 

This May, Self-Help is honoring Asian American, Native Hawaiian, and Pacific Islander (AANHPI) Heritage Month!

To achieve our mission of economic opportunity for all, we are actively working to close the racial wealth gap. But too often, AANHPI communities are left out of conversations about economic inequality and financial empowerment.

In this post, we explore some of the dynamics that affect the financial well-being of AANHPI people and share some financial tips for people in the AANHPI community.

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Celebrate Earth Day by Taking Steps to Save Energy (and Money!)

By Staff
  | Apr 22, 2024

Two smiling children standing by a tree holding a cardboard sign that says Happy Earth Day

 

Happy Earth Day! Every Earth Day brings an opportunity to celebrate and protect the earth we share. Together, we can make our environment healthier for ourselves and future generations.  

Upgrading to clean energy technologies, both collectively and individually, is an important part of that effort. And, even better, making clean energy choices can also save you money!

With many options now available, it can be hard to know where to start. So this Earth Day, we’re sharing tips on simple steps you can take to save energy, lower your energy bills, and help create a healthier environment for all.

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Showing Up: Inspiration from a Recent Conversation

By Staff
  | Feb 28, 2024

screenshot of a video call between two smiling Black professional women

 

At Self-Help, we honor Black History Month by highlighting some of the many stories, people and issues that resonate with us. We acknowledge that diversity and inclusion are some of our strongest tools in our work towards authentic equity. We note where we could do better, and we celebrate successes. 

But just as we don’t practice gratitude only on Thanksgiving or offer affection to our loved ones only on Valentine’s Day, we also don’t just celebrate Black history during February. Instead, we aim to integrate celebration, equity and inclusion into our work throughout the year.

We appreciate that many within our community have a similar year-round commitment to equity. In this post, we share a snippet of a recent conversation between Kimberly Jones, Vice President and Director of Partnerships & Community Engagement for our Midwest region, and community leader and entrepreneur Sarah Ware. We hope you find it as thought-provoking as we did!

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Honoring Black History, Making History Today

By Staff
  | Feb 16, 2024

April Snow Gilbert, Area Manager, stands with the Black history display in Self-Help Federal CU’s Chatham branch in Chicago.

It has been a festive February at Self-Help as we celebrate Black History Month! The nationwide theme for 2024 is “African Americans and the Arts.” Our branches are marking the occasion in a variety of special ways, ranging from live music and art exhibits to neighborhood tours. Otherwise, lifting up Black achievements and recognizing Black history as America’s history is just part of who we are and the everyday work we do to expand economic opportunities for all.

Here are just a few examples of Self-Help activities this month.

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Guest Post: Celebrating Diversity this Hispanic Heritage Month

By Adelcio Lugo, Regional President, Self-Help Credit Union
  | Sep 22, 2023

photo of a seated and smiling black woman

Over the next four weeks, Self-Help staff and members across our branches will celebrate Hispanic Heritage Month. As I join with my colleagues in the celebration, I find myself reflecting on what “Hispanic Heritage" means to me.  

I’m a first-generation immigrant to the United States from Venezuela, which means that I get to experience the United States through a rich kaleidoscope of perspectives. I'm an immigrant, and a United States citizen, and a Venezuelan, and a member of the diverse Hispanic/Latino community—all at once.  

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Financial Coaches that Walk Alongside You

By Staff
  | Sep 08, 2023

photo of a seated and smiling black woman

 

Are you trying to reach a big financial goal but feel stuck? 

Whether it's dealing with significant student loan debt, building credit, or trying to become a homeowner, the path forward can feel insurmountable. But it doesn't have to be that way!

 

Wherever you are in your financial journey, you don't have to walk alone. We're here to walk with you.

In this short video, two of our wonderful coaching clients and their coaches share their stories. These clients were facing heavy student loan debt and other intimidating challenges, but with the support of their coaches, they persevered and became homeowners!

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Get the Most From Your Nest Egg: Let Your Money Work For You with a Self-Help Term Certificate

By Staff
  | Jul 28, 2023

If you've built up your savings and are interested in investing your money, but the thought of stocks or real estate sound like “too much too soon,” a term certificate might the right choice for you to test the waters of investing. Read about why a term certificate could be right for you, and learn about some strategies that can help you get the most out of your savings. 
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Thinking About a Big Financial Journey? Start by Aligning Your Spending with Your Goals

By Staff
  | Jul 13, 2023

Big financial goals can be exciting and daunting at the same time, and it can be difficult to know where to start. While your first thought might be to start a budget, without the right perspective, it can easily become a source of frustration. Learn how aligning your spending habits with your goals before you attempt to budget can help you maximize your chances for a successful financial journey.

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Our 2022 Annual Report is Here!

By Staff
  | Jun 29, 2023

Our 2022 Annual Report is now available! Read about the successes of the past year from our members, partners, and staff.

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Play it safe with your money — don't fall victim to a money-draining scam!

By Staff
  | May 18, 2023

  

With the fast pace of technology, it can feel overwhelming to keep track of every method that scammers use to try to access your money and personal information. The good news is that with a little common sense, you can protect yourself and your money from fraud attempts. for fraud attempts. Read more to learn how you can spot scammers in action and keep your money safe.  

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Net-zero finance: Putting financial institutions to work for our planet and our communities

By Staff
  | Apr 06, 2023

solar-energy-ge76d210e2_1920

Earth Month reminds us that the need for meaningful action to fight the adverse effects of climate change is more necessary than ever. Read about the role that financial institutions can play in both the problems and the solutions, and how you can join us in fighting to reduce the greenhouse gas (GHG) emissions that drive climate change. 

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Start Your Good Money Habits Now: Plan to Save Your Tax Refund Before You Get It Back

By Staff
  | Mar 23, 2023

iStock-1126336374

We all look forward to the excitement of getting a tax refund. But instead of deciding when the money is in your hands, you can maximize the benefits of your refund by planning ahead for how you’ll use it. Read more about how you can make your refund work for you.

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Demystifying Credit Scores: Start Your Financial Journey Off Strong

By Staff
  | Jan 26, 2023

Hand holding a smartphone with a credit score dial emanating from the screen.

While starting a financial journey is exciting, wondering whether your current credit score will help you or hold you back can be a source of anxiety that makes many people retreat. The truth is often a little different. Read about what really goes into your credit score, and the steps you can take now to gain more control over your financial future. 

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What’s a Co-op? Cooperative Ownership Can Mean Big Possibilities for Workers and Communities

By Staff
  | Oct 14, 2022

new bern bakery

The worker-owners of New Bern Bakery, Self-Help’s first backers, outside their storefront in 1981.

Did you know that as a credit union, Self-Help is one of many thousands of cooperative enterprises? There are currently over sixty-four thousand cooperatively owned and operated businesses in the U.S. working to meet a wide range of consumer and community needs, including financial institutions, restaurants and retail stores, manufacturers, and even utilities. Read more about how co-ops work and their potential for supporting strong and thriving local economies.

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Self-Help’s Racial Wealth Gap Initiative

By Staff
  | Jun 24, 2022

Stacey Travis CottonOPTIMIZED

At Self-Help, we’ve spent the last 42 years striving to be a force for economic and social justice in the communities we serve. Learn how we’re working to reverse the economic disparities that keep Black and Latino families from reaching the same levels of prosperity as others.

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Automatic Savings Plans Take the Hard Work Out of Saving

By Staff
  | May 31, 2022

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We all know that building savings is one of the keys to financial stability, but remembering to put part of each paycheck into a savings account can feel like a chore.  Automatic savings plans are a great way to build strong savings habits without the extra effort. 

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