Community Investment Center
Back to Community Investment Center
Powered by: SRI World Group web development services Calvert Foundation
ASI Federal Credit Union


ASI is a full-service financial institution, catering to individuals and businesses across south Louisiana. Many communities served by ASI have been left behind by most financial institutions, allowing predatory fringe lenders to take root. ASI has developed several products to assist all members in building or reestablishing credit. Some of the key products offered by ASI include the Stretch Plan, Credit Enhancement Plan, and Asset Builder Loan, which were created to offer low-APR alternatives to predatory lending. The Payday Lender ReBuilder Loan, ASI's newest alternative product to payday lending, was created in response to the growing number of members who become trapped by the cycle of debt, resulting from dependency on multiple predatory payday loans. In exchange for attending a series of free financial education classes, borrowers are able to roll over higher-APR loans to a low-APR consolidation loan at ASI. Additionally, ASI offers a host of non-traditional mortgages for low-income, rural, and first-time homebuyers, and the credit union also provides HUD-certified homebuyer education and one-on-one housing counseling services. In order to combat rising foreclosure rates, ASI recently launched a subprime mortgage refinance program.

Back to Community Investment Center

Mutual Funds | Community Investing | News | Sustainability Reports | Corporate Research | Shareowner Actions | Financial Services | Conferences
Home | Login | Contact | Support This Site | Terms of Use | Privacy Statement | Reprints

© 1998-2018 SRI World Group, Inc. All Rights Reserved.

Created and maintained by
SRI World Group web development services
Do your own research Work with an advisor SRI News SRI Learning Center Home