CUs see membership growth.
In 1933, 11 California state employees, inspired by the burgeoning credit union movement in the United States, founded California State Employees' Credit Union #1 in Sacramento. That year, the credit union was comprised of 22 members and fewer than $2,000 in assets. Eighty-five years later, Golden 1 Credit Union ranks among the largest credit unions in the country, with more than $12 billion in assets and one million members and growing.
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