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History

Our Heritage

Our story begins

Chartered by the State of Minnesota to operate as Farmers Union Employees Credit Union to serve the employees of the Farmers Union Central Exchange, their family members and related cooperative associations in St. Paul and South Saint Paul, MN.

1939
1940

80 members and 25 borrowers

The first annual meeting was held. 29 members attended. Total earnings for the year were $68.87, expenses were $46.29. There were 47 loans for the year valued at $2,481.50. At the end of the year there were 80 members and 25 borrowers. Assets were $1,596.23.

Credit union membership reaches 500

1961
1969

All credit union records are moved to computers

Assets reach $1 million

1971