Credit Union Day - Trivia

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| By Shaygilstrap
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Shaygilstrap
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Quizzes Created: 1 | Total Attempts: 593
| Attempts: 593 | Questions: 19
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1. The world’s largest credit union is? 

Explanation

Navy Federal Credit Union is the correct answer because it is the largest credit union in the world. It serves members of the U.S. military and their families, including those in the Army, Navy, Marine Corps, Air Force, and Coast Guard. With over 10 million members and billions of dollars in assets, Navy Federal Credit Union has a strong presence and offers a wide range of financial services to its members.

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About This Quiz
Credit Union Day - Trivia - Quiz

Celebrate Credit Union Day with our trivia quiz! Test your knowledge on the history and development of credit unions, including key dates and locations. This quiz enhances understanding of the financial sector's evolution, particularly credit unions.

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2. Who earned the title of Mother of Credit Unions in the United States?     

Explanation

Louise McCarren Herring earned the title of Mother of Credit Unions in the United States.

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3. Who created the Credit Union National Extension Bureau – a forerunner of CUNA?    

Explanation

Edward Filene created the Credit Union National Extension Bureau, which later became known as CUNA.

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4. Which U.S.  President signed the CU Act?    

Explanation

Franklin D. Roosevelt signed the CU Act.

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5. In which state was the first U.S. credit opened? 

Explanation

The first U.S. credit was opened in New Hampshire.

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6. What woman helped establish hundreds of credit unions and programs for the poor?   

Explanation

Dora Maxwell is the correct answer because she was a woman who played a significant role in establishing numerous credit unions and programs for the poor. Her efforts helped to provide financial services and assistance to those in need, improving their economic conditions and empowering them to become financially independent.

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7. Congress passed the Federal Credit Union Act in what year?  

Explanation

The correct answer is 1934. The Federal Credit Union Act was passed by Congress in 1934. This act allowed for the creation of federal credit unions, which are financial institutions that are owned and operated by their members. The act aimed to promote thrift and provide access to credit for individuals and small businesses. It also established the National Credit Union Administration (NCUA) to regulate and supervise federal credit unions.

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8. The first U.S. credit union was formed in what year? 

Explanation

The correct answer is 1909. This means that the first U.S. credit union was formed in the year 1909.

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9. Which one is the real credit union?                  

Explanation

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10. The first credit union in North America was founded by Alphonse Desjardins in what year?  

Explanation

The correct answer is 1901. This was the year when Alphonse Desjardins founded the first credit union in North America.

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11. CUNA became a worldwide organization in what year?    

Explanation

CUNA became a worldwide organization in 1958.

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12. Credit unions can be found in how many countries?    

Explanation

There are credit unions in 97 countries.

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13. In 1864 Friedrich Wilhelm Raiffeisen founded the first rural credit union in what city in Germany?    

Explanation

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14. There are how many credit union members in the world today?  

Explanation

The correct answer is 186 Million. This means that there are currently 186 million credit union members in the world today.

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15. How many credit unions are currently participating in the Save to Win program?    

Explanation

The correct answer is 33. This means that there are currently 33 credit unions participating in the Save to Win program.

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16.  How many credit union members have taken advantage of Invest In America since its launch? 

Explanation

Since its launch, 1.3 million credit union members have taken advantage of Invest In America.

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17. By 1920 there were how many credit unions in the United States?

Explanation

By 1920, the number of credit unions in the United States had exceeded 1000.

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18. How many Right at Home DVDs have been distributed to credit unions and their members to provide financial answers to home ownership? 

Explanation

The correct answer is 8,000. This means that a total of 8,000 Right at Home DVDs have been distributed to credit unions and their members to provide financial answers to home ownership.

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19. Please indicate your Main Office

Explanation

This question is asking for the indication of the main office location, and the correct answer is "Lansing".

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The world’s largest credit union is? 
Who earned the title of Mother of Credit Unions in the United States?...
Who created the Credit Union National Extension Bureau – a...
Which U.S.  President signed the CU Act?    
In which state was the first U.S. credit opened? 
What woman helped establish hundreds of credit unions and programs for...
Congress passed the Federal Credit Union Act in what year?  
The first U.S. credit union was formed in what year? 
Which one is the real credit...
The first credit union in North America was founded by Alphonse...
CUNA became a worldwide organization in what...
Credit unions can be found in how many...
In 1864 Friedrich Wilhelm Raiffeisen founded the first rural credit...
There are how many credit union members in the world...
How many credit unions are currently participating in the Save to Win...
 How many credit union members have taken advantage of Invest In...
By 1920 there were how many credit unions in the United States?
How many Right at Home DVDs have been distributed to credit unions and...
Please indicate your Main Office
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