Filene Research Institute

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Filene Research Institute
Company typeCooperative
IndustryFinance
Founded1989 (1989)
Headquarters
Madison, Wisconsin
,
United States
Key people
Mark Meyer, president and CEO
Patsy Stewart, chief finance officer and COO
Christie Kimbell, chief experience officer[1]
ProductsBasic and applied research, product testing and incubation, advisory services, training and education, events and communities[2]
Websitefilene.org

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

History and objective

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Founded in 1989,[3][4] 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.[5][6]

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.[7]

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.[8]

In 2010, the institute established the Cooperative Trust program and community to support credit union young professionals.[9][10] In 2017, the Cooperative Trust was awarded the Herb Wegner Memorial Outstanding Program Award by the National Credit Union Foundation [11]

The institute engages several prominent academic researchers, including:

Partnerships

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In early 2012, it partnered with Saveup; a company which rewards fiscal responsibility.[18]

The institute is a grantee of the Center for Financial Services Innovation.[19]

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.[20][21][22]

See also

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References

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  3. ^ https://filene.org/history Archived 2019-03-01 at the Wayback Machine "History - Filene Research Institute"
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  9. ^ https://www.cooperativetrust.com/about "About - The Cooperative Trust"
  10. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  11. ^ https://www.ncuf.coop/news/press/cooperative-trust-wegner-awards-2017.cmsx Archived 2019-03-01 at the Wayback Machine, "The Cooperative Trust Honored for Professional Development Efforts as 2017 Herb Wegner Memorial Award Winner"
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  16. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).[permanent dead link]
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