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History of Credit Unions

Credit unions were formed in Europe in the early 1800’s based on a simple premise: that people could pool their money together and make loans to each other.

At the beginning of the 20th century, the idea crossed the Atlantic into Canada, but it wasn’t until the 1920’s and 30’s that the credit union movement really took off in the United States.

Today, there are more than 7,000 member-owned credit unions in the United States alone, serving more that 100 million Americans.

Credit unions are created by people like you,

built by people like you,

to serve people like you.