Refcu.org
About Refcu.org
The credit union movement began in the United Sates in 1909 when the first credit union was formed in Manchester, New Hampshire. Credit unions serve many people left underserved by traditional banking institutions and provide alternatives to the oppressive loan-rates of pawn shops and pay-day lenders. Rockland Employees Federal Credit Union was founded May 24, 1962 by seven members who contributed $5 per share for the credit union’s initial capital. These original members were: John A.
