Archive for General FAQs – Page 2

How did credit unions start?

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

Become a member. Learn more about credit unions at www.asmarterchoice.org!  

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RIBBON CUTTING CEREMONY: 705 Federal Credit Union is thrilled to celebrate our building addition and renovation with a Ribbon Cutting Ceremony on Monday, February 10, 2025 at 10 AM! Learn more here.