If you're a member of a credit union, you may want to add "environment" to the list of guiding principles.
That's because, according to an Innovation Federal Credit Union marketing VP, "the cooperative principles have been around for quite some time as the credit union system overall."
The seven principles, which the credit union has been working on for a year, include "healthy communities," "people-based decision-making," and "smart growth," the Los Angeles Times reports.
"Certainly, there's an opportunity for us as a credit union system as the cooperative principles have been around for quite some time as the credit union system overall," says Vishnu Singh.
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Getting Out and Staying Out, co-founded by Tony Smith of the VSA Consulting Group, works to reduce recidivism rate among men at Rikers Island, New York City. The recidivism rate significantly dropped from 60-plus percent to under 20 percent, with more than a thousand men over a span of eight years.