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Church Sponsored Credit Unions Now Widespread
Church sponsored credit unions have become a widespread growing operation among American Christians. The article notes 1,375 religious units from parishes to denominations running nonprofit unions, with assets totaling about 500 million and 448,158 participants. It cites Mt. Carmel Credit Union in Pueblo and American Baptist CU in Covina as large examples, and highlights a religious underpinning of mutual help and cooperation.
MENTIONED IN THIS ARTICLE
George W. Cornell
AP Religion
Wrn
New York
John Stanton
Mt. Carmel Credit Union
Pueblo
Colo
American Baptist Credit Union
Covina
Calif
St. Anstem Parish
St. Jean
Manny Juarez
Mt. Carmel
Joliet
St. Mary’s Parish
Manchester
N.H
St. Mary's Bank