Self-Help Shares


PPP Lending that Better Serves Smaller Businesses

By staff
  | Mar 04, 2021

Small business owner    Small business owner with "open" sign

Last year the federal Paycheck Protection Program (PPP) funded over five million loans for $522 billion in relief to small businesses and nonprofits affected by COVID. This program was unprecedented in scope, but flawed. It quickly became apparent that many small businesses that most needed relief were not well served by eligibility requirements that favored small but wealthier enterprises. Recently, thanks to strong advocacy by our partners and allies, the outlook for truly small businesses is better.

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Lifting Up Black Educators, Spotlighting Outrageous Interest Rates + More

By staff
  | Feb 18, 2021

Home of J.E. and Purry Grigsby

It was an eventful week here: We released a new video preserving the history of a credit union started by Black educators in Charlotte, NC during Jim Crow. The Center for Responsible Lending issued a report comparing typical payday interest rates in each state. And Self-Help’s own John Herrera was featured in the Charlotte Observer, highlighting how EMTs can help meet the urgent need for COVID vaccinations. 

Pictured: The Grigsby house in Charlotte, NC, where a major Black-owned credit union started in the basement to serve local Black educators.

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Honoring Black History Month

By staff
  | Feb 04, 2021

Black History Month

In honor of Black History Month, we offer a few resources to learn more about Black history and honor Black Americans. Martin Eakes, our CEO, reminds us that Black History includes countless achievements in spite of systemic economic and social injustices--see his brief statement in this post.

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It's Tax Time: What Should YOU Know?

By Donnetta Collier
  | Jan 21, 2021

Tax time

Our Senior Financial Coach, Donnetta Collier offers a few tips for managing taxes and possibly reducing the amount owed to help preserve more wealth for your future. Also, if you're getting a tax refund, be sure to see Donnetta's "1/3 Rule."

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Dear Donnetta: Help Me Manage My Money this Year

By Donnetta Collier, Senior Financial Coach
  | Jan 08, 2021

Donetta Collier

It’s that time of year for dreaming and setting goals. As a Senior Financial Coach for Self-Help Credit Union, I know that many people are struggling now. Managing your financial life takes time and careful planning—but it is so worth doing. If you are fortunate enough to be employed, now is the time to reduce financial stress and move toward financial freedom. Here are seven of my favorite financial wellness tips, plus bonus tips for finding ways to save.

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Self-Help's Top 10 Blog Posts in 2020

By staff
  | Dec 17, 2020

ITop 10 List

Each year we eagerly look forward to seeing which of our blog posts struck the biggest chords with our readers. This year, not surprisingly, several of the top posts relate to COVID relief and resources. You were interested in protecting your finances and learning tips for buying a home during this uncertain time. Many popular posts also focused on hope for a better future.
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Two Small Bakeries Frame Self-Help's History

By staff
  | Dec 04, 2020

Collage of early Self-Help borrowers

Self-Help celebrates its 40th anniversary with a new timeline of milestones, including the New Bern, NC  bakery that raised $77 for Self-Help in 1981. At our recent annual meeting we heard from owners of another small bakery in Columbia, South Carolina, who kept their business going with a Paycheck Protection Program relief loan. 

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Self-Help’s 2020 Annual Meeting: Collaborating in the Time of COVID

By staff
  | Nov 19, 2020

PPP collage

In this year's annual meeting, we recognized the hardships that our members and communities are facing as the COVID pandemic continues. We celebrated the COVID financial relief that Self-Help was able to provide to small businesses and nonprofits. We lifted up the possibilities for collaboration even during a time of deep division. And we celebrated 40 years of service with partners and friends.

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Spreading the Love in Englewood, South Chicago

By Micheline Savarin
  | Nov 05, 2020

Shepherd's Hope provides services to residents of Englewood

With Thanksgiving only three weeks away, we are entering a season of gratitude and service. Many of us are stepping up our efforts to volunteer, donate and help make this a better holiday season for the many people—far too many—who find themselves in need. Shepherd's Hope in a southside neighborhood of Chicago known as Englewood, is doing just that. 

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Beyond Money Management to Financial Empowerment

By staff
  | Oct 22, 2020

Dear Future I'm Ready graphic

In Wilson and Charlotte, NC, Self-Help is now staffed with a full-time Financial Coach. These coaches are dedicated to working one-on-one with members to help empower them with the tools they need to manage their finances and take meaningful steps towards their financial goals. In this post we hear from staff in Wilson and Charlotte who all share a passion for helping people realize their dreams.

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