Summary
PHILADELPHIA -- In 1959, a dozen deacons at Denver's Zion Baptist Church pooled $75.41 to form a credit union so church widows could obtain small loans.
The widows, who typically did household jobs and got paid in cash, couldn't get traditional bank loans.See the full content of this document
Extract
Credit Unions at Church a Blessing
Around the country, about 500 church-associated credit unions with a combined $2.9 billion in deposits make loans and t...
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