First Gay Credit Union Given Green Light in Michigan

The first gay credit union was given the green light to begin online business in 2020.Inga Kier/Photothek–Getty Images

By Jeff Green and Bloomberg

Do lesbian, gay, bisexual and transgender people need a bank of their own? Superbia Credit Union is about to find out. Michigan on Monday approved a charter for the new financial institution designed for LGBTQ customers, clearing the way for online service to begin early in 2020. Superbia Credit Union will offer products which are often outside the scope of a more traditional lender, such as loans for transgender people in the process of […]


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