Borrow and Save


The Federation helps credit unions become the safe and affordable alternative to high-cost fringe service providers in their communities, like payday lenders, rent-to-own stores, pawn shops, automobile title and subprime mortgage lenders. The Federation supports CDCUs through technical assistance, consulting services, and programs like Borrow and Save.

Borrow and Save logo TMBorrow and Save

For many low wealth wage-earners, bridging the gap between paychecks and the cost of living is a challenge often met by increasing consumer debt, typically through credit cards and sometimes through alternative lenders.

The Federation’s Borrow and Save program is designed to help borrowers break the cycle of borrowing from high-cost alternative lenders and move towards healthier savings habits.

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Read the Borrow & Save Feasibility Study

Use the Borrow and Save Calculator (Members only)

View the Borrow and Save Implementation Guide (Members only)

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