Did you know?
Self-Help provided more than $140 million in financing to families, businesses and nonprofits last year. Learn more in our 2012 Annual Report.
Since our founding in 1980, Self-Help has invested over $6.38 billion in financing to families, individuals, and organizations.
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.
- 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.