credit union industry financial services founded 1939 headquarters nashua new hampshire united states products savings ; checking ; consumer loans ; mortgages ; credit cards ; online banking total assets 475 million usd 2011 website trianglecu.org triangle credit union is a credit union headquartered in nashua new hampshire . it was incorporated on september 16 1939 for the employees of nashua gummed and coated paper company now known as nashua corporation . the purpose of organizing the credit union was to allow both office and mill employees the opportunity to save money and obtain small loans at rates substantially lower than the banks or other savings and loan institutions . when the credit union opened for business the office was located directly above the traffic department of nashua corporation on franklin street in nashua . 1 the credit union continued to flourish with steady increases in assets and membership . as world war ii escalated the credit union experienced little growth since buying war bonds became predominant . however as the national economy grew more and more people found a need to save for the future . the credit union showed visible signs of growth during 1944 45 . as the veterans returned from world war ii to nashua corporation in 1946 the board of directors voted to waive interest on all military loans . this meant that interest on loans procured by veterans before the war from the time they entered the armed forces until they were released would not have to be paid . at the 21st annual meeting in january 1960 the board of directors became affiliated with the new hampshire credit union league . in november 1960 the board adopted the policy of once a member always a member with no limitations . between the years 1967 and 1969 the credit union experienced tremendous financial and membership growth . this sudden surge prompted the board of directors to seek new quarters . on november 11 1967 tfcu purchased the land and tenement house at 31 33 franklin street . the credit union erected a new one story brick office building with adjoining parking lot which was dedicated in september 1968 . as part of the celebration the credit union honored original officers and charter members . the bylaws were amended in 1968 to include members of the immediate families and employees of other nashua corporation facilities outside the state of new hampshire . in november 1996 triangle federal credit union applied for a state charter . tfcu held the distinction of being the first federal credit union to change its charter as a result of the court action taken by the american bankers association against federal credit unions . a motion was made and seconded by the board of directors sanctioned by the membership to change from triangle federal credit union to triangle credit union . the state of new hampshire banking department awarded triangle credit union with a state chartered community credit union status on january 1 1997 . the credit union s field of membership extends to any individual residing within a 25 mile radius of any of tcu branch . in september 2003 triangle credit union opened its first in store branch and was the third financial institution to do so in a bj s wholesale club . 2 list of branches edit amherst branch 138 route 101a amherst nh 03031 candia road branch 1030 candia road manchester nh 03109 manchester branch 257 elm street manchester nh 03101 retail branch bj s wholesale club 8 sexton ave nashua nh 03060 nashua branch 33 franklin street nashua nh 03064 main street branch 110 main street nashua nh 03060 references edit cypher bob . 2008 03 05 . triangle credit union offers a better way to bank . nashua telegraph.retrieved 2009 11 18 . 2003 9 9 . triangle credit union opens first in store branch ; ibt assists new hampshire credit union in ... business wire.retrieved 2010 6 2 . external links edit trianglecu.org retrieved from https en.wikipedia.org w index.php title triangle credit union & oldid 699630239 categories banks established in 1939credit unions based in new hampshirecompanies based in nashua new hampshire1939 establishments in new hampshire navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 13 january 2016 at 14 15 . text is available under the creative commons attribution sharealike license ; 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