Filene Research Institute

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The Filene Research Institute is an American credit union and consumer finance think tank headquartered in Madison, Wisconsin.

History and objective

Founded in 1989,[1][2] the institute is named for Edward Filene, a Boston, Massachusetts-based businessman and philanthropist who was instrumental in the creation of credit unions in the U.S.

In 1993, the institute published a research report on the evolution of credit union field of membership, helping to lay the groundwork for H.R 1151, the Credit Union Membership Access Act.[3][4]

In 2003, the institute started the REAL Solutions project to study financial services for low-income households and address predatory lending and other fringe financial services. The project became a program of the National Credit Union Foundation in 2007.[5]

In 2004, the institute launched an innovation training program called i3 (for "Ideas, Innovation, Implementation"), which brings together credit union executives to identify new solutions and business models in financial services.[6]

In 2010, the institute established the Cooperative Trust program and community to support credit union young professionals.[7][8] In 2017, the Cooperative Trust was awarded the Herb Wegner Memorial Outstanding Program Award by the National Credit Union Foundation [9]

The institute engages several prominent academic researchers, including:

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Partnerships

In early 2012, it partnered with Saveup; a company which rewards fiscal responsibility.[16]

The institute is a grantee of the Center for Financial Services Innovation.[17]

The institute has also been supported by the Ford Foundation and Visa to conduct research on financial services for households of color, including Latino/a and immigrant households.[18][19][20]

See also

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References

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  1. ↑ https://filene.org/history "History - Filene Research Institute"
  2. ↑ Script error: No such module "citation/CS1".
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  7. ↑ https://www.cooperativetrust.com/about "About - The Cooperative Trust"
  8. ↑ Script error: No such module "citation/CS1".
  9. ↑ https://www.ncuf.coop/news/press/cooperative-trust-wegner-awards-2017.cmsx Template:Webarchive, "The Cooperative Trust Honored for Professional Development Efforts as 2017 Herb Wegner Memorial Award Winner"
  10. ↑ Script error: No such module "citation/CS1".
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External links

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