Despite industry resistance, doubts and insufficient funding, a Washington group is not giving up on creating a credit union to provide equality in delivering financial services to the lesbian, gay, bisexual, transgender and queer community.
In a 2014 interview with CU Times, Equality Washington Founder Phillip Endicott detailed the need to establish a credit union that would serve the diverse and unique financial needs of LGBTQ people who continue to experience discrimination, including credit discrimination, in the financial services industry despite the growing social acceptance of their lifestyles.
The goal of Equality Washington's five board members and other supporters was to open Equality Credit Union in Seattle by 2015 and eventually serve a national membership.
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