For many Americans, a few hundred dollars can mean the difference between financial stability and distress. Financial distress is not an isolated problem; rather, it has ripple effects that extend not just to a person's family, but also his or her employer. Ted and Ned Castle of Rhino Foods understand that financially stable employees are healthier, happier, and more reliable.
Can credit unions partner with for-profit businesses to help their employees be more financially secure, and in so doing, increase profitability for both the business and the credit union? Ted and Ned would answer this question with a resounding yes. They joined our podcast to share how they have leveraged small dollar loans to benefit their employees, their credit union partner, and their own bottom line.