St. Mary's Bank is celebrating its 100th anniversary this year, but isn't showing any signs of age. As it marks this milestone, the credit union is helping to revitalize a Manchester neighborhood and introducing new high-tech services for its members.
The anniversary also has historic significance. As America's first credit union, it sparked a financial revolution that has led to the establishment of 9,500 credit unions nationwide. St. Mary's opened in 1908 to help poor mill workers - a largely ignored and then under-served population in Manchester - save money and access loans to better their lives. Back then, as now, the membership fee was $5.
Today, St. Mary's has nearly …
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