Impact
Information on how Self-Help has impacted the communities we work with.
Cumulative Impact Since 1980
As of December 31, 2010 Self-Help has invested $5.95 billion in financing to 71,748 families, individuals, and organizations. We have served 43,585 members of Self-Help Credit Union and Self-Help Federal Credit Union.
- Low-income borrowers - 82%
- People of color - 45%
- Women - 42%
- Distressed areas - 33%
- Rural areas - 17%
Direct Home Lending
- $336million
- 4,509 homeowners
Secondary Market Home Lending
- $4.74 billion
- 51,906 homeowners
Real Estate Development
- $110 million invested
- 142 homes completed
- 24 commercial properties acquired and renovated
Small Business Lending
- $446 million
- 3,285 entrepreneurs
-
26,063 jobs created or maintained
Community Facilities Lending
- $258 million
- 837 projects
-
9,591 jobs created or maintained
- 56,616 childcare, charter school, and housing spaces created or maintained
Consumer Financial Services
- $538 million in savings accounts
- $59 million consumer loans
- 8,665 consumer loans
2009 Research & Policy Highlights
With our partners and allies we:
- Supported financial reform legislation creating the Consumer Financial Protection Bureau & establishing protections against abusive mortgages.
- Advanced new Federal Reserve rules requiring opt-in for overdraft, saving account holders $4 to $6 billion per year. Bank of America ends overdraft fees on debit cards.
- Helped AZ, CO and MT limit 400% interest payday loans. Voters reject these abusive loans.
