In Memoriam: Grace F. Meighen
Grace F. Meighen, 94, founder, manager and board member of the $60 million Washington FCU in Washington, Pa., died on March 18.
Meighen was a librarian at Chartiers-Houston High School in Houston, Pa., and was among a group of school employees who met in June 1959 to form the Washington Area Teachers Credit Union. They each contributed $5.25 and by the end of the year the cooperative had grown to 52 members, according to the credit union's website.
Today, Washington Area FCU serves more than more than 4,000 members and broke ground for its second location in November that is scheduled to open this year.
“There are a lot of neat stories (about Grace) from some of the members that talked about how the credit union used to be in her house,” said Joseph S. Marzullo, president/CEO of Washington Area FCU. “Members talked about going to Grace's house and sitting in her front room while she typed up loan documents.”
Her husband, Harold W. Meighen, died in 1980. She is survived by a son and three grandchildren.