Member Benefits
Compliance
Compliance Q&A: Disparate Impact
Absence of intent to discriminate isn't a defense against disparate impact.
Q Some credit unions add a minimum housing expense for members who report living with family to aid in loan decisioning. Could this practice of adding debt to loan applicants who report no housing expense result in “disparate impact,” which federal antidiscrimination law prohibits?
The Dividend Difference
Patronage dividends—distributions a cooperative pays members based on a proportion of its profits—drive engagement in a way only cooperatives can.
Growth Through Inclusion
Serving underbanked populations can both boost the bottom line and set up credit unions for long-term success.
Giving Back Is the Only Way
Community service is a natural extension of credit union philosophy.