The Filene Research Institute turns 20 this year and is celebrating its service to the credit union industry through research and scholarly studies.

The institute was founded May 31, 1989, as credit union system leaders sought a new outlet for academic and forward-looking research focused on the specific needs of credit unions. Filene has grown with the times and today offers consumer finance research, innovation and thought leadership to all credit unions.

"Today's leaders are so busy running our credit unions that it's hard to be as forward thinking as we should be," says Patsy Van Ouwerkerk, chairman of the Filene Research Institute and CEO of $1.6 billion Travis Credit Union, Vacaville, Calif. "Filene research forces us to look ahead. That's a real benefit," she says.

Since 1989, Filene has published nearly 250 academic monographs, white papers, innovation briefs and policy documents from prominent researchers at Harvard, Cornell, Stanford, Oxford and dozens of other universities and institutions. Works include: Field of Membership: An Evolving Concept, which helped lay the groundwork for the Credit Union Membership Access Act; Taxation of Credit Unions, which examines the actual numbers behind a charged issue; and several recent works on alternative capital.

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