March is Women’s History Month, and at Peake Federal Credit Union, we’re proud to highlight an important part of that story: women’s financial history—a journey shaped by resilience, progress, and determination.
A Brief Look Back
For much of history, women faced serious barriers to financial independence. Until the 1970s, many women couldn’t open a credit card or apply for a loan without a male co-signer. The Equal Credit Opportunity Act of 1974 marked a turning point, helping women gain equal access to credit.
Even before then, women were quietly leading change—organizing savings clubs, managing household finances, and building community-based financial systems. Trailblazers like Maggie Lena Walker, the first woman to charter and run a U.S. bank, helped pave the way for future generations.
Progress—and Opportunity—Today
Today, women are business owners, homeowners, investors, and key financial decision-makers. While challenges remain, confidence and financial engagement among women continue to grow.
Credit unions play an important role in that progress. Built on the philosophy of people helping people, Peake Federal Credit Union is committed to providing fair access to financial tools, education, and support at every life stage.
Celebrating Women in Our Community
This March
Celebrate Women’s Financial History Month by learning something new about your finances, setting a goal, starting a conversation about money, or supporting women-owned businesses in your community.
At Peake Federal Credit Union, we’re honored to support women today while recognizing the history that made financial opportunity possible. Contact us at 410-828-4730 or memberservices@peakefederal.com to learn more about our many products and services that will help you reach your financial Peake.
