This is part of a series of stories highlighting credit unions making small business loans in Missouri and the need for S. 2231, the Credit Union Small Business Jobs Act.
Anheuser-Busch Employees’ Credit Union
Anheuser-Busch Employees’ Credit Union (ABECU) was founded in February 1939, near the end of the Depression, and started with eight members and $55 in assets. After two years, the credit union had 700 members and $37,000 in assets. Today, ABECU serves 114,000 members and has $1.3 billion in assets.