Diversified Credit Union
BankingMinnesota, United States11-50 Employees
Diversified Credit Union is a small, Minnesota-based financial cooperative in the banking sector, headquartered in Minneapolis. It was founded in 1930 as Minneapolis Gas Light Credit Union to serve the employees and families of the Minneapolis Gas Light utility, later known as Minnegasco and now CenterPoint Energy. Over the years, its field of membership broadened beyond the original employee group to include several additional employers and communities across Minnesota, starting with E.F. Johnson Company in 1988 and expanding to Cinch Connectivity, Cal Amp, and Itron in Waseca, with Dunwoody College of Technology joining in 2002; in 2004 eligibility was opened to individuals and entities located in Anoka, Hennepin and Waseca Counties. It functions as a local banking cooperative that historically offered savings and loans, with payroll deductions enabling regular deposits for members. The organization serves a regional population of savers and borrowers across Minneapolis and surrounding Minnesota counties, reflecting its long-standing role as a community-focused financial partner.