Filene Research Institute announced it has generated more than $100 million in loan volume and about $1 million in savings balances through pilot programs that seeks to help under-banked Americans gain access to financial services.

Over the past two years Filene has collaborated with 42 credit unions to test five financial products through its "Accessible Financial Services Incubator," which is designed to find solutions to the growing phenomenon of Americans who have no access to financial services.

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