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Progressive Credit Union Celebrates 100 Years

Manhattan-based cooperative got its start by making loans to immigrant entrepreneurs.

The Bronx borough of New York City where Progressive Credit Union began.

The $465 million Progressive Credit Union is the 15th credit union to reach 100 years of service, a milestone that was celebrated by the New York Credit Union Association and its members at the association’s annual conference in Saratoga last week.

Progressive CU is the second oldest cooperative in the Empire State. In 2016, the $2.8 billion Municipal Credit Union celebrated its centennial year.

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Peter Strozniak

 

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