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The Credit Union movement traces its origins to Germany in the middle of the 19th century. Friedrich Wilhelm Raiffeisen and Herman Schulze in different parts of Germany formed societies that later evolved into Credit Unions. The purpose of these Credit Unions was to enable people to help themselves in relieving debt and poverty.
Fifty years later the movement crossed the Atlantic to the USA, Canada and the West Indies.
19 Charles St, Milford Haven,
Dyfed SA73 2AA, United Kingdom