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Impact

Cumulative Impact Since 1980

As of December 31, 2012 Self-Help has invested $6.38 billion in financing through 81,596 loans to families, individuals, and organizations. We serve more than 80,000 members of Self-Help Credit Union and Self-Help Federal Credit Union.


Loans To:

  • Low-income borrowers - 82%
  • People of color - 47%
  • Women - 41%
  • Distressed areas - 33%
  • Rural areas - 17%

Direct Home Lending

  • $386 million in loans
  • 5,055 homeowners served

Secondary Market Home Lending

  • $4.9 billion in loans financed
  • 51,964 homeowners served

Real Estate Development

  • $123 million invested
  • 165 homes completed
  • 25 commercial properties acquired and renovated

Small Business Lending

  • $538 million in loans
  • 3,396 entrepreneurs lent to
  • 28,797 jobs created or maintained

Community Facilities Lending

  • $313 million in loans
  • 876 projects financed
  • 10,745 jobs created or maintained
  • 58,260 child care, charter school and housing spaces created or maintained

Consumer Financial Services

  • $739 million in savings accounts
  • $126 million in consumer loans
  • 18,905 consumer loans made
  • 34 branches with 81,485 members

2012 Research & Policy Highlights

Together with our allies and partners, we:

  • Helped ensure that the Consumer Financial Protection Bureau's new mortgage rules establish safe underwriting standards without excluding creditworthy, low-income homeowners.
  • Published research on the emergence of 400% interest loans by bands, and helped stop payday lending bills in multiple states, saving consumers $1.1 billion annually.
  • Began to investigate student loan abuses, and continued to highlight abusive auto lending practices that cost consumers billions in extra interest each year.