The Community Reinvestment Initiative Report celebrates the often-untold story of how much good credit unions do for their communities each year. From your aggregate donations to Michigan charities to the onerous hours you devote to financial education, this report quantifies the credit union difference.
The CRI Report is distributed to lawmakers annually at the CUNA Governmental Affairs Conference to promote the credit union tax exemption and other beneficial legislation. Throughout the year, the report facilitates discussions with these lawmakers, community leaders and the media to put proof behind our continual message that credit unions are the best choice. We also encourage you to utilize the report when you are advocating for the credit union difference.
Key data found in the 2013 Community Reinvestment Report to advocate on behalf of Michigan credit unions:
- Financial Benefits - $212 million - The estimated financial benefits enjoyed by Michigan credit union members in the form of lower fees and better rates.
- Credit Union Community Outreach - $10.6 million - Total donated to 238 charities by Michigan credit unions in 2012.
- Invest In America - $638 million - The total member savings through discounts since the program began in 2008.
- Youth Financial Education - 46,976 - The number of K-12 students that were educated by Michigan credit unions during the 2011 - 2012 school year.
Tell Your Story! Document and Report your Community Outreach.