MANCHESTER, N.H. - (07/20/06) Gilberte Boivin Brosseau, thelast living person to have been present at the 1908 opening ofAmericas first credit union, St. Marys Bank, passedaway last week. The 101-year-old Brosseau, the daughter of thepresident of St. Marys Bank, met at the opening withAlphonse Desjardin, the famous Quebecois credit union pioneer, andMonsignor Heve, who was the driving force behind the formation ofSt. Marys Bank. Ms. Brosseaus childhood home was alsothe offices of the original St. Marys Bank and today is hometo Americas Credit Union Museum on Notre Dame St. Sheprovided organizers of the museum with details about the way thecredit union office and family home looked in 1908. Ms.Brosseaus father, Joseph Boivin, was a practicing attorneywho became president of the credit union when it wasformed.
-
The Saginaw, Michigan-based credit union brought its credit card program back in-house to capture more member spending and gain added control over customer relationships. Previously, its credit card program was managed by a third-party vendor.
4h ago -
Megan Ryan joins American Banker from the Chicago Fed, bringing insights on the payments industry exclusively for subscribers.
4h ago -
The New York-based bank, which serves plaintiff law firms, agreed to pay $348 million for a Windy City community bank.
March 12 -
A New York state bill would reduce the barrier for minority-bank and community-bank participation in the state's long-standing Banking Development District program.
March 12 -
A threat that was probabilistic is now official. An Iranian military spokesperson warned of a "painful response" against U.S.-linked banks.
March 12 -
The Senate passed a bipartisan housing bill in an 89 to 10 vote, but how quickly and easily the bill can pass the House remains unclear.
March 12









