United Consumers Federal CU

In November 1940, a tiny group of steel workers met to consider forming a credit union for the firm's employees. After agreeing that credit union membership would be an important employee benefit, they formed Steelworkers' Federal Credit Union. The 1st membership meeting was held in February 1941. Steelworkers' Federal Credit Union's field of membership (FOM) served employees of the Sheffield Steel Corporation and Steel Workers Mutual Aid, as well as those in Lodge No. 13 (the Amalgamated Association of Iron, Steel and Tin Workers of North America) and their immediate family.