Who found the credit union?

Credit unions were founded in the early 20th century as a response to the need for affordable financial services for individuals who were underserved by traditional banks. The first credit union in the United States, St. Mary's Bank, was established in 1908 in Manchester, New Hampshire, by a group of French-Canadian immigrants led by Edward Filene and others. Filene was a key advocate for the credit union movement, promoting the idea of cooperative banking to help people save and access loans.