| Who We Are / History |
State Center Credit Union is a non-profit financial service organization who's primary objective is to serve its members in financial matters. Incorporated in 1959, State Center is dedicated to providing competitive priced financial products and services with outstanding service.
General information
There is a onetime $5 membership fee and all members must maintain a primary share (savings) account. Members must maintain a minimum balance of $20 in his/her primary share (savings) account to be eligible to apply for all benefits and services.
Financial History
Founded in May 1959, State Center Credit Union began with 74 members and $22,878 in assets. John Manning, as President held the post until 1988 and he became President Emeritus in 1989. John Manning is considered the driving force in getting our credit union established. The original idea for the credit union's membership was to get one administrative representative from each state agency department (i.e., Department of Agriculture, Forestry, Employment, Fire Services, Fish & Game, California Highway Patrol, and State Franchise Tax) to participate. Later the board added several cities and more state agencies to the credit unions field of membership (Clovis, Fowler, Reedley, Selma, Sanger, Fresno Housing Authority, and the Westland Water District). The credit union membership started to grow with every contact made to these cities and state agencies. In 2000, the credit union added a Community Charter in Fresno County allowing anyone living or working in Fresno County to be eligible for membership.
Our original members opened a small office in the State Building at 2550 Mariposa Street in Fresno, California. The Board met monthly to conduct credit union business and the credit committee met weekly to approve loans to the members. Our first part-time employee was Peggy Aufterhyde.
The branch office in the State Building moved three times from 1959 through the 1970's. Then in 1974, the branch moved to the Merced Street location and again moved in 1996 to our current centrally located office at 1515 E. Shaw Avenue to better serve it's members. In 2003, State Center Credit Union opened it's second branch at Willow and Nees in Clovis.
By year-end 2008, the credit union has grown to over $85 million in assets and over 9,600 members.Organization Structure
State Center Credit union is owned by its members, and is operated by the following divisions:
• The Board of Directors (elected by members) establishes policies and appoints CEO.
• The Supervisory Committee monitors all credit union activities in line with state laws.
• The Chief Executive Officer, CEO, (appointed by the Board of Directors) hires management staff and manages overall credit union activity.
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(C) 2009 State Center Credit Union. Your savings federally insured to at least $250,000 by NCUA and backed by the full faith and credit of the United States Governement. State Center Credit Union is an Equal Housing Lender.
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