Dana Caragine, President & CEO of the Princeton Federal Credit Union

In episode 72 of the Princeton Podcast, Mayor Mark Freda sat down with Dana Caragine, President and CEO of the Princeton Federal Credit Union, for an engaging conversation about the organization's history and community-focused mission.

Dana shared the inspiring story of the credit union's founding in 1972 by a diverse group of Princeton University administrators and professors determined to make credit more accessible in Princeton.

She explained the core differences between banks and credit unions, highlighting how the Princeton Federal Credit Union’s member-owned, not-for-profit cooperative structure allows them to offer higher savings rates and lower loan rates to their members.

Dana also described the Princeton Federal Credit Union's recent Juntos Avanzamos designation, which recognizes their commitment to serving Hispanic and immigrant communities.

The Princeton Podcast, sponsored by the Municipality of Princeton – encouraging civic participation and amplifying the voices that shape our community.

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