A new organization called Equality Washington in Seattle is forming what could be the first U.S. credit union to serve the lesbian, gay, bisexual, transgender and queer community.
"Our interest in this is to respond to the strength of our community and the fact that the credit union industry's history is ultimately about building a member-owned community based organization," said Phillip Endicott, who is leading the initiative to establish Equality Credit Union by 2015.
He added, "As we begin to gain our rights in equality through the court system and through the health care system, there does need to be a response from the financial institution perspective."
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