MANCHESTER, N.H. — Steeped in grassroots and hope, the stories of African-American credit union pioneers are ones of quiet yet bold efforts to help grow a young movement.
There's Dr. S.P. Dean, organizer of the Light of Tyrrell Credit Union in North Carolina, who built an entire community around the cooperative. Tyrrell County residents not only had an entity to house savings but also a hospital, library, one of the first youth credit programs, financial literacy courses, a cooperative marketing group that promoted products and a buying club for supplies.
Dean's legacy, along with many more, is on display at the America's Credit Union Museum in Manchester, N.H. More than a year in the making, nearly 40 people attended the unveiling of the exhibit marking the contributions from African-Americans to the credit union movement. The brainchild of the African-American Credit Union Coalition, the display made its debut on Oct. 16 just in time for International Credit Union Day.
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