Is there a need for a new credit union to provide financial services for the lesbian, gay, bisexual, transgender and queer community?

Equality Washington, established in 2014 and led by Phillip Endicott, believes there is. The group planned to open an LGBTQ financial cooperative in 2015 but do far, has failed to achieve the goal.

Endicott said he experienced an overall lack of support from the industry about the idea. Some even questioned the need for an LGBTQ credit union.

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