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The first time Nick Dumas turned to Adirondack Regional Federal Credit Union, he was newly out of high school and working at a factory in Tupper Lake in the early 2000s. He had moved into an apartment, and every month paid his rent in cash. One day, his landlord told him, “You need a bank account, Nick. You can give me a check every month, and that will help build your credit.”
So he opened an account, at another bank in town, and paid rent faithfully. That went on for about a year, and then his old car gave up the ghost. So Nick went into the bank and asked for a $2,000 loan. And they told him that he still didn’t have enough credit.
“I don’t understand,” he complained to his co-workers a day later. “That’s ridiculous.” That’s when they told him: You need to go talk to Adirondack Regional FCU. They’ll help you sort it out.
Today, more than a dozen loans later — for cars, a wedding, and other personal expenses — he remains a devoted credit union member. Here's why.
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