2022 Annual Report
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, Washington, 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 38 branches, over $2 Billion in assets, and serves over 93,000 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 43-year history, Self-Help has learned that access to responsible savings, loans, and transactions is key to financial security, family health, and improved opportunity for low-income families. Self-Help has delivered $10.9 billion in financing through more than 160,000 loans to families, individuals, and organizations across the nation.
Altogether, Self-Help Credit Union and Self-Help Federal Credit Union have merged with 17 credit unions and two banks to create a network of over 75 branches serving just over 184,000 people in eight states.