|
History of Our Credit Union The Clarence Community & Schools Federal Credit Union is a not-for-profit member owned and operated financial institution established to meet the needs of its members and their families. The Credit Union was started October 13, 1954 by a number of teachers, two clerical employees, a custodian and an administrator
These forward thinking individuals pooled their savings through payroll deductions so members could borrow money at favorable rates. The money earned from loans paid dividends (interest) to the savers. This same concept still exists today. As of August 2011, we have over 2,854 active members with assets in excess of $13,000,000.00. We remain committed to anticipating and satisfying the financial needs of our members and their families. We strive to be the best place for our members to save their hard earned money and to borrow from when the need arises. In addition, we want to provide the services and conveniences that our members want and deserve. |