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 News Journal in December.
Delaware offers 100 shared branch locations for 1166 FCU members, aiding in the provision of financial solutions to areas with historically limited or nonexistent access to banking. With $5, eligible individuals can receive membership to the credit union, gaining access to services such as mortgages, student loans, credit and debit cards, ACH service, and financial education.
About 1166 Federal Credit Union
1166 Federal Credit Union, established in 1937, is based in Swedesboro, NJ. We are committed to providing robust financial services, great loan rates, and broad-based financial education to our more than 1,200 current members. Our products include mortgages, student loans, credit and debit cards, checking and savings accounts, ACH access, financial literacy education, and more. The credit union’s unique name references our charter number, but it also adds up to the exceptional service and savings we offer our members. Our philosophy is real people helping real people manage their financial needs.