ASI Federal Credit Union

Chartered in 1961, ASI Federal Credit Union serves more than 74,000 working class members - 60 percent of whom live below the poverty line - in New Orleans and surrounding areas of the city.  Following Katrina, ASI created the nonprofit, A Shared Initiative (ASII), to promote economic empowerment, financial justice, and mobility to people historically overlooked by traditional financial institutions. Committed to eliminating poverty, ASII’s programs include first-time homeowner education, consumer credit and debt counseling, foreclosure intervention and debt counseling, financial education, and small business lending.