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Longevity Lessons From The Oldest US Credit Union

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Mary’s Bank of Manchester, New Hampshire, holds the distinction of being the nation’s first and oldest credit union. Mary’s was initially chartered in 1909 by the New Hampshire legislature. Founded in 1908, St. Membership could be obtained by spending five dollars on a share of capital stock. For its part, St.

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TRENDING: Are Credit Unions The Hipster FI?

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The nation’s first credit union (CU) was founded in 1908 to serve mill workers in the Manchester, New Hampshire area. Today, more than a century later, that credit union is still operational and is now focused on serving a new type of member: millennials. News from the credit union market.

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CUs Try To Solve The Cannabis Cash Conundrum

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This, in turn, means that banks cannot offer services to businesses, as they would face prosecution from regulators. Recent developments in New Hampshire show how financial services can extend at the state level to cannabis firms. Separately, Apple is being eyed by regulators in Russia for allegedly unfair competitive practices.