News & Updates
Louise McCarren Herring and Annemarie Shinn, supporting Tri-State’s Underbanked Population
To celebrate Women’s History Month, we’re highlighting “The Mother of Credit Unions,” Louise McCarren Herring. Louise had a vision to create a not-for-profit financial cooperative and joined the credit union movement in 1933. She organized over 500 credit unions in Ohio and became the founder and first managing director of the Ohio Credit Union League, […]
Read More....1166 FCU Joins Two Local Chambers of Commerce
1166 Federal Credit Union is thrilled to announce its membership to two local chambers: the Chamber of Commerce of Southern New Jersey (CCSNJ) and the Gloucester County Chamber of Commerce (GCCCNJ). Chamber membership gains 1166 FCU access to valuable resources that foster growth for the organization as well as its communities. As a long-term advocate […]
Read More....CEO Annemarie Shinn Speaks With the Delaware News Journal
In late 2023, 1166 Federal Credit Union expanded its service area to reach underserved and underbanked communities in Southern New Jersey, Southeastern Pennsylvania, and Northern Delaware. To inform eligible communities about the credit union’s recent charter expansion, as well as its services, the credit union’s CEO Annemarie Shinn spoke with Anitra Johnson from the Delaware […]
Read More....1166 FCU Extends a Warm Welcome to Its Newest Board Member: Oliver Ayon
1166 FCU is thrilled to announce the addition of its newest board member, Mr. Oliver JJ. Ayon, a position he graciously accepted on October 24th, 2023. Oliver is head of Stern & Eisenberg’s Compliance Department, serving as the Chief Compliance Officer. Oliver’s career took off within the default industry in 2006 where he served as […]
Read More....1166 FCU Charter Change
1166 FCU charter change removes its restriction to serve those affiliated as select employers only and approves it to serve more than 1.5 million additional members. This charter change is a result from the National Credit Union Associations’ approval of the credit union’s Strategic Planning Committee’s application to increase the size and scope of its […]
Read More....Closing the Wealth Gap: Credit Union Expands Services for Tri-State’s Underbanked Population
Members of unbanked households often cite a distrust of banks as a primary reason for not having a bank account. The alternative for these individuals is costly products such as check cashing services and payday loans that perpetuate a cycle of debt. The credit union!s vision is to empower financial success by eliminating the fear […]
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