Board of Directors                                      Supervisory  Committee

                 Peter Farrell/Chairman                                               Robert Barber, Ret B.C./Chairman

                    Michael R. Tobler/President CEO                                  Michael Varno

                    Raymond Peasley/Vice Chairman                                  A. Scott Davis

                    Joseph Toomey

                    Robert Darbyshire                                                      Employees

                    Joseph Marcy                                                           Gail Isles/Member Services

                    John Wittig                                                              Renee Cowan/Loan Officer

In September of 1935 the Albany Firemen took a giant step into the future.  They formed the 609th federal credit union in the United States.  Of the 800 that were formed that first year, we currently are 1 of 189 still remaining.  There are under 9,000 credit unions running in the United States, at this time, in the 1980's there were over 20,000 credit unions in the United States.

The first loan granted in November of 1935 was for $2.50.  This loan was paid back at the rate of 5 cents a week.  The opening of a bank account of 100 members with $400.00 shows how eager members were to support their own futures with financial stability.  That stability has lasted for over 70 years.

The Credit Union has changed over the years but its original intent of members helping members continues today.  We have come a long way from the $2.50 loan to home equity loans up to $75,000.  So has the market of loans.  We loaned money from the first loan used for cloths to a loan for an airplane.

The Credit Union served its members for over 50 years from a firehouse.  Currently we are housed at 532 Central Ave, at our newly renovated offices.  This change has brought about stable hours and the ability of the Credit Union to serve our family members.  From two days a week to 5 days a week with over a 10 million in assets.

The Board of Directors is committed to services first when dealing with our members, we made this commitment with our skilled employees using individual offices to give each member total attention.

The Changing economics of this country to world economics has made financial institutions fall, mergers or closing their doors. We believe the conundrum of economics is here to stay for a while longer.  We have taken our position to be responsible in our dividends and interest rates to give the best rates as always to our members.  Without jeopardizing the stability of the Credit Union.

The ubiquitous financial market has forced the Credit Union out the household loans that used to dominate our loan portfolio.  We are dominated by car, truck, boat and home equity loans, which are almost endless in value.

We have in deed changed from collecting envelopes in the firehouses for loan payments and deposits to direct deposit of paychecks and retirement payments. 

We also offer:     

                         Checking accounts                       Car Buyers Service                       Car Loans       

                         Certificates of deposit                   Direct Deposit                             Personal Loans 

                         Home Equity Loans                       Website

                         Scholarships                                IRA Accounts (school and Roth)     

It will be our job as in the founding members to preserve the Credit Union for our future generation.

*The credit union does not endorse any links other than it's own.  Use of these links are to be at your own risk.  Questions, damages and errors will not be taken care of by the creidt union.*