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Tackling systemic problems like access to housing requires aligning all the way from partnership to the very core of an institution's charter. Washington State's Verity Credit Union is in the process of reinventing itself and its ecosystem of partners to do just that. Ziquora Banks, Chief Impact Strategy Officer, joins us to share
Highlights from this episode:
- Verity's almost 100-year history and reorienting its mission on the changing needs of its members
- Pursuing a Community development financial institutions (CDFIs) certification
- Recruiting leadership as part of a mission realignment
- Access to housing as the tip of the spear
- Innovating in finance and picking the right partners in the community
For more of Verity's approach, visit VerityCU.com.
See their 2023 impact report, which explains how innovating on credit scoring helps them meet their impact goals and risk targets.
See this link to the Bookings Institution analysis of the role home equity played in the recent growth of Black household wealth.
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Tackling systemic problems like access to housing requires aligning all the way from partnership to the very core of an institution's charter. Washington State's Verity Credit Union is in the process of reinventing itself and its ecosystem of partners to do just that. Ziquora Banks, Chief Impact Strategy Officer, joins us to share
Highlights from this episode:
- Verity's almost 100-year history and reorienting its mission on the changing needs of its members
- Pursuing a Community development financial institutions (CDFIs) certification
- Recruiting leadership as part of a mission realignment
- Access to housing as the tip of the spear
- Innovating in finance and picking the right partners in the community
For more of Verity's approach, visit VerityCU.com.
See their 2023 impact report, which explains how innovating on credit scoring helps them meet their impact goals and risk targets.
See this link to the Bookings Institution analysis of the role home equity played in the recent growth of Black household wealth.