Maps Credit Union history

By 1955, the Credit Union’s membership had grown to 259 and assets reached $141,363.

In 1958, the credit union moved to 1715 State Street, where it enjoyed all the necessary bells and whistles of an official business location, including office equipment, janitorial service, and its first electronic adding machine.

By October 1962, the credit union reached a $1 million asset mark.

Growth was evident in all areas, including reaching the $9 million asset mark in 1975.

In 1977 alone, 1000 members joined and office space again became inadequate.

The branch opened in November 1978 and remains a vital part of our branch structure today.

Dan Penn was hired in June 1980 as the treasurer-secretary-manager.

Credit Life and Disability insurance was offered for the first time to members and PrivateLine phone account access was installed in March 1984 with our first in-house computer system.

The number of employees grew and membership doubled to 11,700 by 1985.

Maps' first ATM was installed in Building 2 of Chemeketa Community College (CCC) in 1988, initiating a long-term collaboration with the college.

One of our most significant business partnership projects ever undertaken was with North Salem High School in 1994-95 when the Viking Branch opened its doors to students and staff.

The Monmouth Branch opened in April of 2003, leasing space in the Willamette ESD building at 163 N. Knox St to serve members in Polk County.

Upon selection as the 2005 Oregon Business Person of the Year by the Future Business Leaders of America, the Maps Board of Directors named Cori Frauendiener Maps Credit Union Outstanding Mentor of Future Business Leaders, and declared April 21, 2005 Cori Frauendiener Appreciation Day.

As membership has grown, so have the pennies, with just over $100,000 given to the Foundation for community give-back programs in 2020.