updated 01/16/13 01:02 PM
As of early January, credit unions were outnumbering banks as participants of Bank On California, a voluntary collaborative initiative in eight communities to provide unbanked households access to mainstream financial products and services, according to the California Department of Financial Institutions. The list of participating credit unions included The Golden 1 CU, Orange County's CU, Patelco CU, Redwood CU, SAFE CU, Schools Financial CU, and Travis CU.
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