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Q for the financial wizards here: credit unions...

1983 15
Are there credit unions that individuals can join that are not related to an employer or the federal, state, county or city governments or military? Is this something the employer always has to set up or what?
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· Premium Member
267 Posts
DBR- I belong to a credit union. It was establised in the 30's for employees of a steel co. in Pennsylvania. However, in the 80's they ammended the charter and now serve as a community credit union. It's similar to any other bank. They do claim to be a 'not for profit entity' to any specific group of sharholders. Most people I know who bank there have never worked in the steel industry.
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