信用合作社的历史

A 信用合作社 is a not-for-profit financial institution. 像银行一样, 信用合作社接受存款, 使贷款, 和 offers a variety of other financial services 和 deposits — 和 your money is insured. 在本文中, you will learn the history of 信用合作社s 和 why they’re important to their communities.

英语的起源 信用合作社

Members of a 信用合作社 share a common bond, or “field of membership”: they may all share the same employer, reside in the same geographic region, or belong to a group such as church, 学校, 或者工会. Today nearly 40% of Americans have a 信用合作社 membership.¹ 第一个成功的信用合作社, 然而, were started by Hermann Schulze-Delitzch as cooperatives in Germany in the mid-1800s. 的se co-ops guide the spirit of 信用合作社s today: they required a bond of association 和 were based on values of honesty, 开放, social responsibility 和 caring for others.
 
In 1901, the first North American 信用合作社 opened in Quebec — the first deposit was 10 cents — 和 St. Mary’s Cooperative 信贷 Association, 美国第一家信用合作社, opened in New Hampshire in April 1909. 的 Massachusetts 信用合作社 Act that year was the first general statute for establishing 信用合作社s in the United States.
 
的 信用合作社 National Extension Bureau, 成立于1921年, promoted the philosophy of 信用合作社s 和 worked with states to establish laws to charter 信用合作社s. Between 1921 和 1935, 38 states 和 the District of Columbia enacted 信用合作社 laws.
 
After the financial crisis that caused the Great Depression, lawmakers agreed it was time to organize 信用合作社s under federal law, 1934年, President Franklin Delano Roosevelt signed the 联邦信用社法 into law, with the first federally chartered 信用合作社 opening in Texarkana, 德州, 1934年10月.

的 联邦信用社法

联邦信用合作社法 allowed 信用合作社s to be organized throughout the United States under charters approved by the federal government. 的 federal law intended to make credit available to Americans 和 promote thrift through a national system of nonprofit, 合作信用合作社.
 
的 act established the federal 信用合作社 system 和 the Bureau of Federal 信用合作社s, now the National 信用合作社 Administration (NCUA), to charter 和 oversee federal 信用合作社s. 根据联邦信用合作社法, a 信用合作社 may be chartered under either federal or state law, 一种被称为双重租船的制度. Federal 信用合作社s are considered “instrumentalities” of the United States, according to the IRS.

的重要性 现在的信用社

In the years since the 联邦信用社法 was passed, 信用合作社s have evolved. 它们更大更复杂, 和 continue to provide financial services to millions of Americans — including financial education 和 outreach, 校内信用合作社分支机构, 小企业支持.
 
信贷 unions are different from banks in that they are not-for-profit organizations owned 和 controlled by the members who use their services. Members also elect a volunteer board of directors to manage the 信用合作社.
 
Profits made by 信用合作社s are returned to members in the form of reduced fees, higher savings rates 和 lower loan rates. Additionally, individual accounts are insured up to $250,000 由NCUA. (银行账户为 由联邦存款保险公司承保.)

Patelco 信用合作社

Patelco成立于1936年 by employees of the Pacific Telephone 和 Telegraph Company (now AT&T). As a not-for-profit, Patelco can support our members in ways that traditional banks do not. For instance, during the COVID p和emic, Patelco:

• 批准了700多个抵押贷款延期
• Approved 9,400+ consumer loan deferrals
• Distributed over $5 million in member relief loans
• 免除超过70万美元的费用
• Helped over 10,500 members during this economic crisis

We continue to put the needs of our members first. Our “People, Not Profits” philosophy is part of everything we do. Patelco提供:

• Quick access to your money when it works for you, with access to the latest online, 移动 还有电话银行服务 当地的分支机构 和 access to over 30,000 ATMs nationwide
• Loan solutions for every stage of life, 无论你是刚刚开始, 或者准备好买你梦想中的房子了
• 伟大的利率和各种 货币市场账户 和 ira 帮你到达你要去的地方
• Complimentary financial advice with no obligations of any kind — our 注册金融专家’ first priority is you, not collecting fees or selling products

At Patelco, we want you to meet your financial goals. 今天就成为会员 — there’s no fee to join 和 your membership includes a no-monthly-fee savings account with $1 to get you started.