The Internet Archive Fedreral Credit Union Opens in New Jersey

From archiving the web, to digitizing books, to collecting copies of printed material, The Internet Archive is  everywhere these days. That’s good news.
Now, Brewster and IA move into banking with the opening of The Internet Archive Federal Credit Union.
From The Credit Union Times:

A new credit union founded by an Internet pioneer and a former banker has opened its doors in New Brunswick, N.J.
The unlikely pair of Brewster Kahle, a wealthy Internet entrepreneur known for the Internet Archive, an effort to catalog and record the entire Internet on an ongoing basis, and Jordan Modell, a former banker with experience working at some of the largest banks, started the credit union after they concluded that existing financial structures have largely failed the lower and middle class.
The new Internet Archive Federal Credit Union will serve the residents of New Brunswick and Highland Park Borough, areas which have predominantly lower income and Hispanic populations.

Read the Complete Article
See Also: Newest Credit Union Backed by Internet Pioneer (via Credit Union Times)

Filed under: News