Filene's

Filene Launches Two New Centers of Excellence Addressing Evolving Needs of Credit Unions, Members, and the Community

Retrieved on: 
Tuesday, September 26, 2023

MADISON, Wis., Sept. 26, 2023 /PRNewswire/ -- Filene Research Institute recently launched the Center for The Credit Union of the Future with fellow Lamont Black of DePaul University and the Center for Leadership, Strategy & Governance with fellow Amy Hillman of Arizona State University.

Key Points: 
  • Filene's two new research center topics are reflective of the most pressing needs credit union leaders face today.
  • Generous support for the Center for the Credit Union of the Future is provided by America First Credit Union, Kinecta, Michigan State University Federal Credit Union, Orange County's Credit Union, PSCU, Summit Credit Union and Trellance.
  • The credit union value proposition is powerful and we are here to help credit unions adapt in a changing world.
  • Generous support for the Center for Leadership, Strategy & Governance is provided by Community Financial Credit Union, Desert Financial Credit Union, Suncoast Credit Union, TruStage, University Credit Union, and Visions Federal Credit Union.

SchoolsFirst FCU Innovation Project Manager Diana Pham Selected for Prestigious Filene i3 Innovation Leadership Program

Retrieved on: 
Tuesday, May 9, 2023

SchoolsFirst Federal Credit Union , the largest credit union serving school employees and their families, today announced that Diana Pham, Innovation Project Manager with the Credit Union, was selected for the Filene Research Institute’s prestigious i3 program , a two-year innovation leadership program equipping top credit union professionals with the mindset, tools and network to lead and shape the credit union of the 21st century.

Key Points: 
  • SchoolsFirst Federal Credit Union , the largest credit union serving school employees and their families, today announced that Diana Pham, Innovation Project Manager with the Credit Union, was selected for the Filene Research Institute’s prestigious i3 program , a two-year innovation leadership program equipping top credit union professionals with the mindset, tools and network to lead and shape the credit union of the 21st century.
  • View the full release here: https://www.businesswire.com/news/home/20230508005817/en/
    Diana Pham, Innovation Project Manager for SchoolsFirst FCU, was selected for the Filene Research Institute’s prestigious i3 program.
  • Filene’s i3 program provides industry leaders and innovators with a methodology to creatively apply innovative ideas through incubation and implementation.
  • Prior to Ms. Pham’s selection to i3, five other Credit Union teammembers have been part of previous i3 cohorts.

Seventeen credit unions on the forefront of discovery for the industry

Retrieved on: 
Friday, December 16, 2022

MADISON, Wis., Dec. 16, 2022 /PRNewswire/ -- The 17 credit unions and three system organizations that currently make up The Lab at Filene begin testing four concepts in 2023 to grow the bottom line of credit unions and create a deeper impact on credit union members. Three spots remain for credit unions to become a Lab sponsor and join their innovative peers finding solutions to the largest challenges to growth and impact.

Key Points: 
  • "In the spirit of cooperation, The Lab at Filene brings sponsors together to better understand what works and what doesn't, and then builds frameworks for others to apply learnings across the entire credit union industry."
  • In August, the first ever Lab Symposium was held in Visa's San Francisco innovation center and set Filene's 2023 testing agenda.
  • Throughout the testing, Filene is providing technical assistance and capacity to help the testing credit unions operationalize and run these pilots.
  • Filene will also work alongside Jeffrey Robinson, Filene Fellow for the Center for Innovation & Incubation, to collect insights and share them back out with the industry.

The Lab at Filene increases capacity for innovation and accelerates credit union growth

Retrieved on: 
Thursday, March 3, 2022

The Lab at Filene takes the next step in innovation by testing new products and ideas to help credit unions grow and make a positive impact on their members and communities.

Key Points: 
  • The Lab at Filene takes the next step in innovation by testing new products and ideas to help credit unions grow and make a positive impact on their members and communities.
  • Each year, The Lab will work with a group of credit union sponsors and stakeholders to select and execute up to six "quick and nimble" tests identified through Filene's research and extensive credit union network.
  • From there, The Lab will produce actionable insights for credit unions to adopt proven solutions and expand their capacity for innovation.
  • The Lab builds on Filene's 15-year track record of successful innovation and incubation to solidify a more efficient testing platform and engage credit union and fintech partners along the way.

Cambridge Associates to Move Global Headquarters to Boston's Winthrop Center in Spring 2023

Retrieved on: 
Tuesday, February 8, 2022

BOSTON, Feb. 8, 2022 /PRNewswire/ --MP Boston, the local arm of the internationally recognized developer Millennium Partners, announced that leading global investment firm Cambridge Associates will move its global headquarters to Boston's Winthrop Center in spring 2023.

Key Points: 
  • BOSTON, Feb. 8, 2022 /PRNewswire/ --MP Boston, the local arm of the internationally recognized developer Millennium Partners, announced that leading global investment firm Cambridge Associates will move its global headquarters to Boston's Winthrop Center in spring 2023.
  • Winthrop Center was conceptualized in 2017 by MP Boston as an inspirational workplace environment that would set a new global standard for building performance and energy conservation.
  • Today Winthrop Center is on track to become the world's largest office building to seek Passive House certification.
  • "One of the most important considerations for us as we selected Winthrop Center was the property's bold commitment to sustainability," said David Druley, Chief Executive Officer, Cambridge Associates.

New research method from Filene offers credit unions custom insights against benchmarks

Retrieved on: 
Thursday, December 30, 2021

Credit unions employing these bundles correlated with a higher return on assets and higher net income more than credit unions who did not.

Key Points: 
  • Credit unions employing these bundles correlated with a higher return on assets and higher net income more than credit unions who did not.
  • This corresponds to a 4% response rate for the entire credit union system, representing approximately 25% of all credit union assets.
  • Generous support for the Center of Excellence for Diversity, Equity and Inclusion is provided by Advantis Credit Union, Alaska USA Federal Credit Union, Bethpage Federal Credit Union, Civic Federal Credit Union, Desert Financial Credit Union, Kinecta Federal Credit Union, LGFCU, SchoolsFirst Federal Credit Union, State Department Federal Credit Union, Suncoast Credit Union, UNFCU, University of Michigan Credit Union, UW Credit Union, and Visions Federal Credit Union.
  • About Filene: Filene Research Institute strengthens organizations through innovative research and incubation to improve consumer financial well-being.

Filene Launches Center of Excellence to Measure Community Development in Financial Services

Retrieved on: 
Wednesday, October 28, 2020

MADISON, Wis., Oct. 28, 2020 /PRNewswire/ -- Filene Research Institute launches its Center of Excellence for Community Social Impact today and welcomes Dr. Mai Nguyen as its new research fellow.

Key Points: 
  • MADISON, Wis., Oct. 28, 2020 /PRNewswire/ -- Filene Research Institute launches its Center of Excellence for Community Social Impact today and welcomes Dr. Mai Nguyen as its new research fellow.
  • This five-year project expands knowledge on the practice and impact of credit unions' social and community development efforts through original and applied research.
  • Through the end of 2020, Filene will launch one final Center of Excellence focused on best practices in measuring and accelerating innovation and incubation.
  • About Filene: Filene Research Institute strengthens organizations through innovative research and incubation to improve consumer financial well-being.

Filene Launches New Center of Excellence and Welcomes New Research Fellow

Retrieved on: 
Monday, January 13, 2020

MADISON, Wis., Jan. 13, 2020 /PRNewswire/ --Filene is proud to welcome Dr. Quinetta Roberson of Villanova University as the research fellow for the first center of excellence to launch in 2020, the Center of Excellence for Diversity, Equity and Inclusion (DEI).

Key Points: 
  • MADISON, Wis., Jan. 13, 2020 /PRNewswire/ --Filene is proud to welcome Dr. Quinetta Roberson of Villanova University as the research fellow for the first center of excellence to launch in 2020, the Center of Excellence for Diversity, Equity and Inclusion (DEI).
  • The Center of Excellence for DEI will be the first of Filene's six new centers to launch.
  • The topic of DEI is not new to Filene or credit unions but there is much work to be done.
  • About Filene: Filene Research Institute strengthens organizations through innovative research and incubation to improve consumer financial well-being.

CMFG Ventures and Filene Research Institute Partner to Launch New FinTech Catalyst Incubator

Retrieved on: 
Tuesday, July 23, 2019

MADISON, Wis., July 23, 2019 /PRNewswire/ -- CMFG Ventures , the venture capital arm of CUNA Mutual Group , and Filene Research Institute announced today the launch of the FinTech Catalyst Incubator to test new fintech products and services in credit unions.

Key Points: 
  • MADISON, Wis., July 23, 2019 /PRNewswire/ -- CMFG Ventures , the venture capital arm of CUNA Mutual Group , and Filene Research Institute announced today the launch of the FinTech Catalyst Incubator to test new fintech products and services in credit unions.
  • During this time, participating credit unions will receive tools and support from Filene Research Institute to test a unique hypothesis.
  • Research findings, including next steps and launch recommendations for viable products, will be published by Filene Research Institute upon completion of the testing period.
  • To learn more and sign-up to be a test company, visit CMFG Ventures or contact Laura Sievert, analyst, CMFG Ventures, at [email protected] .