Young people sometimes must rely upon microloans to stay afloat financially. By offering responsible microloans to young people your credit unions is creating members for life! #creditunions #microloans #financialwellness #financialinclusion
Salus
Financial Services
Charlotte, NC 145 followers
A fintech firm that partners with credit unions to improve people's financial wellbeing.
About us
A digital underwriting platform focused on expanding access to credit.
- Website
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http://salusfintech.com
External link for Salus
- Industry
- Financial Services
- Company size
- 2-10 employees
- Headquarters
- Charlotte, NC
- Type
- Privately Held
Locations
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Primary
Charlotte, NC 28211, US
Employees at Salus
Updates
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81% of microloan borrowers earn between $30,000 and $70,000 per year. Offering responsible microloans to help working-class people and families builds loyalty to your credit union. #creditunions #microloans #financialwellness #financialinclusion
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We are excited to announce that we've been accepted into CAFE! We will be joining the Center for Advancing Financial Equity (CAFE) for the CAFE Fall 2024 Fintech Accelerator Program. The nonprofit accelerator supports and scales revolutionary technology companies that prioritize financial inclusivity and innovation with their products that improve the financial wellness for low- to moderate- income people and communities. More information available at the link in the comments! #financialinclusion #creditunions #communitybanks #CDFIs #CRA Best Egg
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Credit unions can offer responsible microloans to help members out of a financial jam, earn better returns, bring in younger members and build trust. Turn a microloan into a member for life. Read more in this article from Credit Union Times: https://loom.ly/-MbKFdc #creditunions #microloans #financialwellness #financialinclusion
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Our founder/CEO, James Chemplavil, has the privilege of participating on a financial inclusion panel during the TruStage Fintech Summit, as well as sharing how Salus helps #creditunions turn a microloan into a member for life! James has a real passion for his work - it even drove him to leave his 16-year career to launch Salus. If you'd like more details about the event, check out the link in the comments. #creditunions #lending #microloans #financialinclusion #financialwellness #fintech
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We're excited to be a part of the Defense Credit Union Council (DCUC) 2024 Annual Conference in a few weeks - looking forward to working on how to best serve members and their most pressing microloan needs!
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Look for James Chemplavil and Ryan Barrett at Fintech Connect next week, sharing what microloans can do for credit unions and their members! Melissa Pomeroy Dean Martino Cooperative Credit Union Association
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When we talk about microloans, this is what they are, and who they're for...
We all understand the idea of an emergency loan. But what do we know about the smallest form of emergency loans – a microloan? At Salus we’ve looked at over $1 million in microloans to borrowers across the country. Here’s what we’ve learned, and why it matters to your credit union: https://lnkd.in/ezMUXrJT