The Origin of Credit Unions!
The Credit Unions Start: The first credit union cooperatives started in Germany over a century ago. Today, credit unions are found everywhere in the world. The credit union movement started in this country in Manchester, New Hampshire. There, the St. Mary’s Cooperative Credit Association, a church-affiliated credit union, opened its doors in 1909. Today, one in every three Americans is a credit union member. Credit unions strive to promote financial dignity for all. Learn more about credit unions and specifically 705 Federal Credit Union.