Members 1st FCU history

Members 1st Credit Union was chartered in 1951 as a member-owned, not-for-profit financial cooperative with staff and management committed to serving members' financial needs.

Members First Credit Union originally organized as the Sub-Zero Credit Union in May of 1954 with 13 employees as members.

The credit union became chartered in 1955 with the following board members.

California State University, Chico Employees Credit Union was established February 24, 1958 by four Chico State University professors to serve faculty and staff of Chico State and neighboring schools.

At the first Annual Meeting, held February 17, 1959, deposits totaled $14,765.98 and loans totaled $13,523.15.

1963 – The Credit Union graduated to “modern office equipment and our offices moved from the Robinson’s home, to the Doerr’s home, and then to the home of Beverly Brown.

In 1967, the Credit Union name was officially changed to Thiokol Employees Credit Union.

In November, 1975, the Credit Union built and moved into a brand new building located at 20 West 700 North.

Membership and assets grew substantially from the original 13 to 262 members at the end of 1979, as well as increasing the assets from $32 to $194,540.

1980 – Our longest serving Board member is Beverly Brown, with 42 years of service.

After 31 years of continuous growth and popularity, the need for a more spacious facility became apparent, so in 1981 the credit union moved out of City Hall to 44 Bridge Street in Manchester.

In 1985, he was elected to the Board of Directors.

In February 1986 the Board voted to open membership to the community, rather than just to Thiokol employees.

In 1988, the Credit Union built and moved into a new, modern facility located at 707 N Main Street.

In August of 1990, with all of the mergers, the credit union was no longer just for Sub-Zero employees and it was time to change the name to Members First Credit Union.

A second Manchester office was opened at 200 Union Street in 1994 to serve the growing municipal employee workforce.

In 1995, the name was changed to Members First Credit Union.

1996 – Our current Chief Executive Officer, Eileen Crean, joined us in 1996 and has been instrumental in increasing services, bringing us through the technological jungle, and expanding our operations to include our main office in Vineland and two branch offices located in Bridgeton and Woodstown.

When the credit union opened its charter in 1997 to allow anyone living or working within 25 miles of a branch to join, it changed its name to Members First Credit Union.

In 1999 the Credit Union initiated a new Internet website and online account access - “eTeller”.

2000 – The Delsea Drive location was sold and your credit union moved to our present main office location on Landis Avenue.

The credit union later changed its name to STAR Community Credit Union in 2002 and served an expanding membership for more than 50 years with quality financial products and exceptional member service.

In 2005, the Credit Union moved into a beautiful new building, located at 120 E 1000 S Brigham City, with 23 employees, over 10,500 members and assets in excess of $50 million dollars.

In 2007, the Credit Union opened a new full service branch on 1000 South in Tremonton, Utah.

2010 – Members 1st of NJ FCU hosted a Grand Reopening of its new Vineland Office in November of 2010.

In 2016, a branch was opened in Bedford about a mile from the Walsh family homestead.

In 2017, the Credit Union opened a new full service branch in Providence, Utah.

Members First expanded its field of membership in 2019 to serve anyone living, working or attending school in New Hampshire.

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