Occupy movement activists in San Francisco first announced plans for People’s Reserve Credit Union, an in-the-works cooperative designed to serve local communities and take a stand against the city’s for-profit banks, in November 2011. The project is now well under way, with board and advisory committee meetings taking place and...
Lakota Federal Credit Union will be a low-income designated credit union.
Low-income designated credit union is the first new charter for 2012.
The First State is the venue of the first new credit union chartered by the NCUA this year.