GOIN’ TO THE CORNER
was required. A room at the St. Mark’s Hall was set aside for privacy in doing busi- ness while the meeting was being held. The safe was always kept at the home of the
Secretary Treasurer. Business was not done in the home.
Some charter members from Brockton were: Leo McInnis, who also served as vice— president, Octave Blanchard, Joseph Clements and Clarence Griffin, who also served as one of their four presidents. Others who served on the Board of Directors were
Tom Gallant, Mark Murphy, Joseph Griffin and Bernard Griffin.
The number of members at the end of 1939 was 93, and in 1940 there were 115. The number of borrowers in 1939 was 37 and in 1940 there were 38. The rate of divi— dend in 1939 was 5% and in 1940 it was 3%. Interest rates were set at 12% a year for loans. A few years later it was lowered to 9%. In 1947 it was set at 6%. It remained
Eddie Blanchard Coll. Clarence and Wilma Griffin Coll. Octave “Tavy” Blanchard, President of St. Mark’s Credit Union, Clarence Griffin, President of St. Mark’s and his wife, Margaret Credit Union, and his wife, Wilma
464