T&C Federal Credit Union, Bloomfield, Mich., celebrates 70 years of business this year. In 70 years, T&C has grown from one branch to nine branches, with a 10th opening this month. Currently the CU has 63,000 members and assets in excess of $550 million and has given back to each and every community it serves. T&C works hard to exemplify the credit union philosophy of "people helping people." Security Service Federal Credit Union, San Antonio, celebrated 50 years of service to its member-owners on May 7. The anniversary will be highlighted with special activities throughout the year, including a 1956 Chevy giveaway, a traveling display and the publishing of a 50-year history. In the CU's first year, 467 members joined, 118 loans were made and assets were $20,000. Now, SSFCU has 580,000 members and $3.8 billion in assets, and is the largest credit union in San Antonio and the 10th largest in the nation. Dover Federal Credit Union, Dover AFB, Del., has announced that its assets now top the $200,000,000 mark, making it the second largest CU in the state. This milestone comes on the heels of the CU's first time ever bonus dividend payout. The CU attributes this milestone to the support of its members. CoastHills Federal Credit Union, Lompoc, Calif., recently achieved $500 million in assets and 50,000 members. The CU had a celebration for 110 CoastHills employees and their family members at its newly expanded headquarters in Vandenberg Village to commemorate the milestone. Five year old Ethan Hundley of Vandenberg Air Force Base became the 50,000th member of the CU when he opened up a savings account at the CoastHills' Base Branch on April 25th. For being the 50,000th member, the CU presented Ethan with $500 and donated an additional $500 to the charity of his choice, the Tri-County Make a Wish Foundation. North Jersey Federal Credit Union, Totowa, N.J., was presented with a 70th Anniversary plaque from Robert Walls, president/CEO of the New Jersey Credit Union League, to celebrate 70 years of service. The credit union was established in 1936. Pen Air Federal Credit Union, Pensacola, Fla., celebrates 70 years of service this year. The CU started in 1936 as Pensacola Air Station Federal Credit Union for civil service employees and after 70 years has grown to include a tri-county area of military personnel, nearly 600 select employee groups and their immediate families. Pen Air FCU, which started out of a back room in an existing military building, is now 13 full-service offices strong, with over 30 ATMS.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.