Stories

Self Help Credit Union

  • Home out of Reach

    Stagnant wages, ballooning rental costs and the shrinking supply of affordable housing are heaping an ever-growing burden on low-income families. " Out of Reach ," a new study by the National Low Income Housing Coalition, found minimum-wage workers can no longer afford an average one-bedroom apartment in any state in America. Since 2009, the federal baseline wage has remained stagnant, but...

  • Martin Eakes: Income Inequality and Beginning of Self Help

    Martin Eakes is co-founder and CEO of Self Help Credit Union and the Center for Responsible Lending. He holds a law degree from Yale, a master's from the Woodrow Wilson School of Public Affairs at Princeton, and a bachelor's degree from Davidson College. A native of North Carolina, Eakes is a nationally recognized expert on development finance and has been honored by the John D. and Catherine...

  • Martin Eakes: Challenging the Status Quo

    Martin Eakes is co-founder and CEO of Self Help Credit Union and the Center for Responsible Lending. He holds a law degree from Yale, a master's from the Woodrow Wilson School of Public Affairs at Princeton, and a bachelor's degree from Davidson College. A native of North Carolina, Eakes is a nationally recognized expert on development finance and has been honored by the John D. and Catherine...

  • Preserving the Social Fabric: Southern CDFIs

    A new survey is shining a harsh spotlight on the urgent need for non-predatory financial services in the South. A recent Gallup poll found minority-owned businesses face tougher challenges obtaining loans. The study, commissioned by Wells Fargo, found that 77 percent of black business owners use their own personal cash to finance their businesses, and 47 percent of black-owned businesses are...

    Ines Polonius
  • Martin Eakes: Working with Communities on Policy; Challenging Status Quo

    Martin Eakes is co-founder and CEO of Self-Help and the Center for Responsible Lending. He holds a law degree from Yale, a master's from the Woodrow Wilson School of Public Affairs at Princeton, and a bachelor's degree from Davidson College. A native of North Carolina, Eakes is a nationally recognized expert on development finance and has been honored by the John D. and Catherine T. MacArthur...