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Philosophy

We are dedicated to scientific and thoughtful analysis about issues affecting the future of consumer finance and credit unions. We are a channel through which leading scholars and consultants analyze management, public policy, and consumer needs for the benefit of credit unions everywhere.

<p>Philosophy</p>

Mission

Through independent research and innovation the Filene Research Institute explores issues vital to the future of credit unions and consumer finance.

We exist to support research efforts that will ultimately enhance the well-being of consumers and assist credit unions in adapting to rapidly changing economic, legal, and social environments.

We were founded on the core values inherent in credit union philosophy. Our founders and our leaders today believe that research and new ideas are critical tools for understanding how:

  • Cooperation can help people achieve their goals
  • More people can gain economic independence
  • Better communities can be built in the spirit of mutual self-help
  • Volunteerism can shape financial institutions that better respond to the needs of households

Namesake

Our name honors Edward A. Filene, the father of the U.S. credit union movement. Known as a brilliant businessperson and wise philanthropist, Filene relied on solid, innovative research when encouraging credit union development. His spirit lives on as we pursue knowledge that benefits credit unions, their members, and all consumers of financial services.

"He was a prophet who perceived the true meaning of these changing times. He was an analyst who was able, by mathematical calculation, to make it plain to us that our modern mechanism of abundance cannot be kept in operation unless the masses of our people are enabled to live abundantly. He believed in learning, and in searching out the way of human progress.”

— President Franklin Delano Roosevelt’s Presidential Tribute to our namesake, Edward A. Filene