ATM Card for the First Gay Financial Institution in the United States.

ATM Card for the First Gay Financial Institution in the United States.

San Francisco California: Atlas Savings and Loan, 1985. Item #2221

2 1/8” x 3 3/8”. Plastic automated teller machine card. Very good with light wear and rubbing, small piece of scotch tape with phone number in ballpoint on verso. Atlas Savings and Loan was founded in 1980 by John Schmidt, a member of the LGBTQ Golden Gate Business Association. The idea for a gay bank came about when he and other members realized that the group did not have any members with a banking business. According to contemporary news accounts, it was the country's first gay financial institution. It opened in November, 1981 and within a few months it had over 1200 account holders from all over the country, but was declared insolvent in 1985, and taken over in 1986. OCLC shows that the San Francisco Public Library has a box of material related to the entity. This item is offered by Langdon Manor Books, LLC, antiquarian booksellers. Please do not hesitate to contact us for additional information and/or photos and we will respond promptly. We package our items carefully, ship daily, and have a no hassle returns policy--your satisfaction is guaranteed. We are members of the Antiquarian Booksellers' Association of America (ABAA) , the International League of Antiquarian Booksllers (ILAB) and the Independent Online Booksellers Association (IOBA) and adhere to their rules of ethics.

Price: $185.00

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