In just ten weeks, the Filene Research Institute and the Crash Network have developed an innovative program designed to help credit unions increase the availability of affordable home ownership.
A competition, The Collider, kicked off in mid-April challenged the group of young credit union executives to come up with new approaches for affordable home ownership. In less than two weeks, 19 elevator pitches rolled in from the group. Round 2 demanded concept documents from 10 teams, which a panel of judges then drilled down to the final four ideas.
"This was an experiment for us," said Mark Meyer, CEO of the Filene Research Institute. "But we were blown away by the level of creativity and quality of ideas coming out of the Crasher group."
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