Filene Research Institute

Last updated
Filene Research Institute
Company type Cooperative
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]
Website filene.org

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

Contents

History and objective

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

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

References

  1. ↑ Filene Research Institute. "People" . Retrieved 26 Feb 2019.
  2. ↑ Filene Research Institute. "About" . Retrieved 26 Feb 2019.
  3. ↑ https://filene.org/history Archived 2019-03-01 at the Wayback Machine "History - Filene Research Institute"
  4. ↑ "Filene Research Institute Is Set to Celebrate Its 20th Birthday - CU Times". CU Times. Retrieved 2019-02-28.
  5. ↑ "Filene Research Institute Is Set to Celebrate Its 20th Birthday - CU Times". CU Times. Retrieved 2019-02-28.
  6. ↑ "Hoel Passes Torch at Filene after 15-Year Run - CU Times". CU Times. Retrieved 2019-02-28.
  7. ↑ "Filene Research Institute Is Set to Celebrate Its 20th Birthday - CU Times". CU Times. Retrieved 2019-02-28.
  8. ↑ "Filene Launches New Group: i3 - CU Times". CU Times. Retrieved 2019-02-28.
  9. ↑ https://www.cooperativetrust.com/about "About - The Cooperative Trust"
  10. ↑ "Crashers Land a New Leader - CU Times". CU Times. Retrieved 2019-02-28.
  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"
  12. ↑ "Visa sponsors Filene's new research center focused on credit union talent - CUInsight". CUInsight. Archived from the original on 2019-03-01. Retrieved 2019-02-28.
  13. ↑ "PSCU sponsors Filene Center of Excellence - CUInsight". CUInsight. Retrieved 2019-02-28.
  14. ↑ "Filene selects Bill Maurer as Emerging Technology Research Fellow - CUInsight". CUInsight. Retrieved 2019-02-28.
  15. ↑ "Filene Launches New Center of Excellence and Welcomes New Research Fellow". PRNewsWire. Retrieved 2020-03-03.
  16. ↑ "Filene consumer research gets $1M from CUNA Mutual". CUNA. Retrieved 2019-02-28.[ permanent dead link ]
  17. ↑ "Filene Launches Center of Excellence to Explore Consumers' Changing Financial Lives". Yahoo Finance. Retrieved 2020-03-03.
  18. ↑ Myriam DiGiovanni January 20, 2012 • Reprints (2012-01-20). "Filene Partners With New Savings Rewards Program". Cutimes.com. Retrieved 2012-07-25.{{cite web}}: CS1 maint: multiple names: authors list (link) CS1 maint: numeric names: authors list (link)
  19. ↑ Center for Financial Services Innovation. "Filene Research Institute: CFSI Evaluates Finovate Fall 2011 Report Card". Archived from the original on 28 June 2013. Retrieved 11 May 2013.
  20. ↑ "Filene study examines loan needs of underbanked and minority households - CU Journal". CU Journal. Retrieved 2019-02-28.
  21. ↑ "Visa Aims to Strengthen Minority Household Access to Financial Products and Services - BusinessWire". BusinessWire. Retrieved 2019-02-28.
  22. ↑ "Filene Plans National Launch of Immigrant Lending Program - CU Times". CU Times. Retrieved 2019-02-28.
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