Trades Union Savings and Loan Association, the first labor-owned bank in the United States

The Trades Union Savings and Loan Association was founded by the Seattle Central Labor Council in January 1919 and opened its doors the following March. It was the first labor owned bank in the United States and sold stock to union locals and their members only. The services that were provided to the union men include savings accounts, safety deposit boxes, trade union checks, and insurance. Photo courtesy Arkady DeRoest Address: 800 3rd Ave.