Self-Help is a family of five nonprofit organizations. Since its founding in 1980, Self-Help has grown to include two credit unions, a loan fund and a research and policy affiliate.
The Center is a charitable nonprofit 501(c)(3) organization that develops and coordinates Self-Help's programs, raises resources and advocates for economic opportunity. All four of the below affiliates are also non-profits.
Self-Help Credit Union was founded in 1983 and is a member-owned, federally-insured, North Carolina-chartered credit union originally begun to raise deposits from members to make commercial, consumer and home loans. In order to expand our impact and provision of services, Self-Help Credit Union in 2006 began merging in North Carolina credit unions. To date Self-Help Credit Union has merged in eight credit unions and now has over 20 branches, $650 million in assets, and serves 60,000 North Carolinians.
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, we are building a community development credit union that aims to provide high-impact financial services to working-class communities in California, Greater Chicago and Florida. Self-Help Federal now has over 20 branches, $680 million in assets, and serves over 80,000 people.
The Ventures Fund is a nonprofit 501(c)(3) loan fund capitalized with loans and grants from foundations, religious organizations, corporations and government sources. It manages Self-Help's higher-risk business loans, real estate development and home loan secondary market programs.
The Center for Responsible Lending is a national nonprofit, nonpartisan research and policy organization. CRL is dedicated to protecting homeownership and family wealth by working to eliminate abusive financial practices.