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Eastern Bank is a bank based in Boston, Massachusetts. Before de-mutualizing in 2020, it was the oldest and largest mutual bank in the United States and the largest community bank in Massachusetts. [2] With 95 branches, Eastern had a 3.2% market share in Massachusetts in 2016. [3] It was founded in 1818 in Salem, and then moved to Lynn ...
0613376. Website. www .lynnma .gov. Lynn is the eighth-largest municipality in Massachusetts, United States, [8] and the largest city in Essex County. Situated on the Atlantic Ocean, 3.7 miles (6.0 km) north of the Boston city line at Suffolk Downs, Lynn is part of Greater Boston 's urban inner core. [9]
Banking in theUnited States. Credit unions in the United States served 100 million members, comprising 43.7% of the economically active population, in 2014. [1] [2] U.S. credit unions are not-for-profit, cooperative, tax-exempt organizations. [3] The clients of the credit unions become partners of the financial institution and their presence ...
The National Credit Union Administration is the U.S. independent federal agency that supervises and charters federal credit unions. As of December 31, 2022, there were 4,760 federally insured credit unions in the United States with 135.3 million members.
Community Credit Union of Florida, a Brevard County-based, member-owned financial cooperative, recently celebrated the opening of a new full-service branch and residential and lending center at ...
Workers Credit Union is a state-chartered credit union headquartered in Littleton, Massachusetts.The credit union was established in Fitchburg, Massachusetts in 1914, has more than $2.6 billion in assets, over 124,000 members, and operates sixteen full-service branches located in Athol, Chelmsford, Fitchburg, Gardner, Groton, Hudson, Lancaster, Leominster, Lunenburg, Orange, Townsend, Westford ...
A community federal credit union, is a credit union in the United States that are based upon the cooperative concept but differs in its scope of membership in that it is based on geographical membership. Unlike the majority of credit unions, the community credit union is based upon geographical membership and not worksite or union commonality.
CommunityAmerica was founded on March 19, 1940, as TWA Club Credit Union by TWA pilot George Duvall, with working capitol of only US$1,069 (equivalent to $23,249 in 2023). The first loans were made to employees for $5 until payday with five cents charged for interest.