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The Van Cortlandt Cooperative Federal Credit Union was organized by Sidney Stahl, the first Managing Director of the New York State Credit Union League, and was federally chartered in March l936. Its purpose was to provide a safe and convenient place for Cooperators of the Amalgamated Housing, to save and borrow. Many of the charter members also belonged to the Amalgamated Clothing Workers Union which recognized the need to work together to accomplish common goals. As additional housing cooperatives were built in the community, they were added to our field of membership.
We're not just like a bank - we're better! The membership and non-profit nature of credit unions set us apart from banks and make us a unique source of low cost, convenient financial services.
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| Tuesday, November 13th, 2007 |
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