Yes, I'm posting a "Philately Friday" story On Sunday. Send the CCF Police, I'll go quietly...The first Credit Union in the United States (US) - St. Mary's Cooperative Credit Association - was established in Manchester, New Hampshire in 1909. By 1934, there were over 2,000 Credit Unions in the US. In June 1934, the Federal Credit Union Act was signed into law by US President Franklin Delano Roosevelt. The Act enabled Federally-chartered credit unions to be established across the United States.
Note: An important distinction - the stamp commemorates the 50th Anniversary of the Federal Credit Union Act, not the first credit union in the US.As of April 2025, there were approximately 4,600 US credit unions serving roughly 143 million members. (Source: America's Credit Unions.)
The 20-cent commemorative stamp, designed by Michael David Brown, depicts the left-facing silouettes of a man, a woman and a child which are meant to represent "savers of all ages" - the silouettes are presented on a stylized, multi-color, fantasy coin with a large dollar sign ($) in the background.
Philatelic Note: The Credit Union Act stamp was one of four commemorative stamps printed on the same overall sheet. Individual stamp panes were printed for the Federal Deposit Insurance Corporation (UL), Soil and Water Conservation (UR), National Archives (LL) and Credit Union Act (LR). It was/is unusual for four different panes to be printed simultaneously on a single sheet.1984 Credit Union Act - 50th Anniversary Fleetwood FDC
Here's a fantasy coin from my collection - a Daniel Carr Fantasy Overstrike 1975 Bicentennial
Eisenhower dollar that features a profile depiction of US President Dwight David Eisenhower.:
Posted 05/04/2025 11:11 am
