Feminist credit unions
Feminist credit unions are credit unions founded by feminists to address discriminatory practices in lending.[1] The first feminist credit union was founded in Detroit, Michigan in 1974.[2]
In the United States
In the United States, feminist credit unions rose to prominence in the 1970s[3] and many began disbanding in the 1980s.[4] The Feminist Economic Network was founded in 1975 as an alliance of several feminist credit unions in the United States.[2] In 1976, there were 17[5]: 169 or 18 feminist credit unions across the country.[3]
In 1976, Carol Seajay and Paula Wallace received a loan from the San Francisco Feminist Federal Credit Union to start a feminist bookstore called Old Wives Tales.[6][7]
References
- Knight, Michael (August 27, 1974). "Feminists Open Own Credit Union". The New York Times. ISSN 0362-4331. Retrieved April 5, 2018.
- "Women Forming Credit Unions". Sarasota Journal. January 9, 1976. Retrieved May 22, 2021.
- Reed, Candice (December 12, 2012). "Society and Credit Unions Have Come a Long Way, Baby". Credit Union Times. Retrieved May 22, 2021.
- Nowell, Cecilia (July 23, 2020). "What We Can Learn From Feminist Federal Credit Unions". The Nation. ISSN 0027-8378. Retrieved May 22, 2021.
- Spain, Daphne (2011). "Women's Rights and Gendered Spaces in 1970s Boston". Frontiers: A Journal of Women Studies. 32 (1): 152–178. doi:10.5250/fronjwomestud.32.1.0152. ISSN 0160-9009. JSTOR 10.5250/fronjwomestud.32.1.0152. S2CID 143280818.
- Sullivan, Elizabeth. "Carol Seajay, Old Wives Tales and the Feminist Bookstore Network". FoundSF. Retrieved January 20, 2021.
- "Guide to the Old Wives' Tales Bookstore records, 1976-1995". Online Archive of California. May 1996. Retrieved January 21, 2021.
Further reading
- Michals, Debra (December 2018). "The Buck Stops Where? 1970s Feminist Credit Unions, Women's Banks, and the Gendering of Money". Business History Conference, via ResearchGate.
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