America’s Credit Union Museum…A Celebration of Financial Independence

The Fourth of July commemorates a moment in history when Americans decided that freedom was the desired way of life. Similar to late eighteenth century Americans, the founders of the credit union movement in the U.S. believed in a banking system that provided freedom from loan sharks and other unfair financial practices. Find out where the pioneering spirit of the credit union movement’s founders comes to life!

 

By My Credit Union

 

The Fourth of July commemorates a moment in history when Americans decided that freedom was the desired way of life. These people took matters into their own hands to remove an oppressive government and create their own country. Similar to late eighteenth century Americans, the founders of the credit union movement in the U.S. believed in a banking system that provided freedom from loan sharks and other unfair financial practices. The pioneers of the movement took matters into their own hands to create an organization that offered financial independence for all individuals.

Credit unions were founded on the principal of independence. Immigrant mill workers from Manchester, New Hampshire and their pastor at St. Marie’s Church, Monsignor Pierre Hevey, started the first U.S. credit union in 1908 as a way to safely save money and access credit at a reasonable cost. Local attorney Joseph Boivin, a sympathizer of the credit union cause, opened his Manchester home to serve as the first credit union office. This first credit union, St. Mary’s Cooperative Association, ignited the movement in the United States. Monsignor Hevey’s vision of financial freedom for the Manchester mill workers is now enjoyed by more than 80 million people across the country.

The pioneering spirit of the founders of the credit union movement comes to life at America’s Credit Union Museum. The Museum is located in the restored home of Joseph Boivin. This beautiful three story Victorian house looks out onto the Merrimack River and the same mills whose workers gave rise to the movement.

The Museum is designed to tell the human side of the credit union story. Exhibits throughout the Museum involve, inspire and personalize the credit union experience for visitors. The first floor includes the original credit union ledger book and the office Attorney Boivin used to conduct credit union transactions for mill workers. Experience the defining moments in history that made credit unions one of the leading options for consumer financial services in the U.S. The Museum tells the complete story of the credit union movement. America’s Credit Union Museum awakens a sense of pride in the incredible value the credit union industry provides to U.S. consumers today.

America’s Credit Union Museum has two floors packed with compelling exhibits and powerful stories. The ‘Credit Union Office’, a special safe sold by CUNA in the 1940’s, highlights the developing stages of the industry. The video gallery at the Museum provides visitors with interesting stories such as the Estes Park, Colorado meeting that resulted in the formation of CUNA and other important points in credit union history. The third floor of the Museum includes a state of the art conference facility with seating capacity for 85 people.

Experience America’s Credit Union Museum. A virtual tour is available at www.acumuseum.org. Schedule your next strategic planning session or business meeting at the Museum. Develop the future of your credit union under the roof of the first credit union. Special hotel, food and conference packages are available. Contact Peggy Powell, the Museum’s Executive Director, at 603-629-1553.

America’s Credit Union Museum is a celebration of credit union history. The Museum is run completely through donations from the credit union industry. For information on how you can contribute artifacts and support the Museum financially, contact Ms. Powell at 603-629-1553 or send an email to ppowell@acumuseum.org.

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July 5, 2004


Comments

 
 
 
  • Thank you for reminding us. I have not been to the museum but will the next time I am in DC for the GAC.
    Anonymous
     
     
     
  • America's Credit Union Museum is located in Manchester, NH --- the site of the first U.S. credit union! You can learn more by going to www.acumuseum.org
    Anonymous
     
     
     
 
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