Massachusetts
The Massachusetts Credit Union Act of 1909 was the first comprehensive credit union law in the United States, and would later serve as the model for the Federal Credit Union Act of 1934. Massachusetts’ credit unions continue to make a difference in the lives of people, businesses and communities throughout the Bay State each and every day.
Advancing Massachusetts Communities Through:
$788 M
Amount of Small Business Loans
90%
of Credit Unions Offer Financial Education Services
17,447
Jobs Impacted by Credit Unions
2.5 M
Credit Union Members
133
Credit Unions
$4,482 B
Total Economic Impact
Massachusetts Credit Unions
More than 20 years ago, Massachusetts Credit Unions began working with the Massachusetts Coalition for the Homeless (Coalition) to aid them in their efforts to support homeless families. Over the years, that relationship, the bond between credit unions and this outstanding organization, has become stronger as has the respect for the tremendous work that they do.
