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The credit union's initial membership consisted of eleven individuals with assets totaling $55. [3] Membership eligibility has now expanded to include over 1,500 clubs, organizations, and employers. In 2018, Redstone Federal Credit Union was recognized as the Credit Union of the Year by the National Association of Federally Insured Credit ...
In 1937, Tom Molloy, a reporter turned labour leader organized and created the Regina Co-operative Savings and Credit Union, which later came to be named Sherwood Credit Union. [6] Sherwood Credit Union (later Conexus Credit Union) in 1976 implemented the first automated teller machine in Canada at its two branches in Regina. [7] The project ...
Rally Credit Union (formerly known as Navy Army Community Credit Union and Navy Army Federal Credit Union) is a credit union headquartered in Corpus Christi, Texas, chartered and regulated under the authority of the Texas Credit Union Department of the U.S. federal government. NavyArmy is the largest credit union in the coastal bend.
On November 1, 2000, the credit union changed its official name to its current DUCA Financial Services Credit Union Ltd. [4] DUCA has merged with other credit unions including Torcity Savings Credit Union, Dutch Canadian Credit Union and Virtual One Credit Union Ltd. [5] Today, DUCA has over 83,000 members and over $6 billion in assets. [6]
The Texas Dow Employees Credit Union was founded by employees of Dow Chemical Company in December 1954, receiving its charter from the State Attorney General that month. [3] [4] Its first organizational meeting was held in the Freeport Junior High auditorium in Freeport, Texas, on January 3, 1955, with memberships available for deposits of up to five dollars. [3]
The Arizona State Employees' Credit Union was founded on October 31, 1951, as a credit union for state employees. The field of membership expanded over time to include most of the state, as well as faculty, students, staff and alumni of Arizona's three major public universities, along with employees of other companies.
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Social credit is a distributive philosophy of political economy developed in the 1920s and 1930s by C. H. Douglas.Douglas attributed economic downturns to discrepancies between the cost of goods and the compensation of the workers who made them.