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Contacts Martha Ninichuk, Director of Cooperative Initiatives

CRI BEST PRACTICES - STRATEGY FOR FINANCIAL SUCCESS

This information is provided for credit unions to use as they work with members and their community. If your credit union has best practices in any of the below categories that you would like to share, please email Martha Ninichuk, Director of Cooperative Initiates, at Martha.Ninichuk@mcul.org.

Financial Education

MCUL Financial Education Council Survey Results - What are credit unions doing and what would they like to do?

MCUL’s Financial Education Council (FEC) developed this survey to help identify credit union financial education needs and to highlight credit union financial education activities.    

Financial Counseling

Michigan credit unions are increasingly becoming involved in providing financial counseling and education services, assisting more Michigan residents to successfully manage their money and avoid problems such as bankruptcy, foreclosure and loan defaults.

Financial Counseling Best Practices: A guide from the MCUL Financial Education Council

Michigan Financial Counseling Impact Report : From Michigan Certified Credit Union Financial Counselors

Savings Products 

• Save to Win  
   

Credit Products 

• Short term, small amount loans
• Career Transition Program
   

Transaction Products

Long Term Asset Planning  

2011 CRI Workshop Materials

Workshop #1: Homeownership Education and Assistance

• Homeownership education seminars
• Housing counseling services and Individual Development Accounts
• MSHDA down payment assistance and foreclosure relief programs
• Reverse Mortgages

Partnerships

• NCUF's REAL Solutions White Paper - Developing Productive Partnerships