Dr. Mai Nguyen talks about the power of design thinking and how it’s being applied to financial institutions like credit unions to advance economic empowerment and social justice. Director of the Design Lab at UCSD and a Filene Research Institute Fellow, Mai has dedicated her career to addressing systemic discrimination and policies that create inequities in access to capital, housing, and more.
Currently, she is focusing on the study and expansion of credit unions as a catalyst for community transformation. Listen for a fascinating take on the social responsibility of credit unions, the significant community investments they’ve made in recent years, and how design thinking can transform them into a true force for equity.
Professor will lead three-year project on how credit unions can innovate
The Filene Research Institute, a credit union think tank, named Jeffrey Robinson as a research fellow at a new center focused on innovating the credit union system.
Mon, March 8, 2021
The institute is a credit union and consumer finance think tank headquartered in Madison, Wisconsin.
Dr. Robinson will lead a three-year project to study how credit unions can respond to members’ desire for greater financial services innovations that meet their needs and their communities’ needs while also exploring the general state of innovation across the credit union system. Ultimately, this research aims to help credit unions build systems, cultures and processes so that they may remain adaptive to changing needs of members and communities long into the future.
Filene Launches Center of Excellence on Credit Union Innovation and Incubation yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Filene announces credit union innovators selected for i3 program
New and expanded programming awaits Filene’s latest cohort of i3 participants
MADISON, WI (February 23, 2021) Twenty-three credit union leaders come together to form the new cohort of the
th year running, Filene i3 is a two-year innovation leadership program equipping top credit union professionals with the mindset, tools, and network to lead and shape the credit union of the 21
st Century.
A new twist on the i3 concept puts ‘impact’ at the center to maximize impact at the individual, organizational and system or community levels. Programming and learning modules will transform individuals by strengthening the skills and behaviors necessary for innovative change makers, elevate organizations by reducing risk and accelerating the best ideas in and out of the industry, and strengthen communities by building a collaborative community focused on innovative consumer finance solutions.
February 17, 2021 by CALmatters
(CALMATTERS) – On paper, the Golden State appears to have escaped 2020 without a personal debt crisis. Despite an unprecedented 2.4 million jobs lost in the spring, Californians joined their fellow Americans in paying down interest-heavy debt such as credit card bills while acquiring wealth-building loans by taking out mortgages. In California, new mortgages jumped 10% even as real estate prices soared, suggesting an unexpected resistance to a prolonged pandemic.
Economists and financial researchers across the country aren’t seeing tell-tale signs of financial hardship in the Federal Reserve Bank of New York’s reports of American consumer debt, like the devastating spikes in defaulted debt, bankruptcies and foreclosures suffered during the Great Recession. In fact, they’re seeing near-record lows.