Augustana College Credit Union

Abstract The Augustana College Credit Union was formed in 1936 with the purpose of encouraging systematic saving and providing borrowing facilities for the 98% of American people who could not borrow from banks. The group was dissolved in 1938 as in the two years of operation the Augustana College Credit Union received not a single loan request. The information in this collection is largely contained in correspondence from 1936 until 1938 between the Augustana College Credit Union, the Illinois...