First Citizens' Federal Credit Union is a federally chartered credit union headquartered in Fairhaven, Massachusetts[1] in the AT&T Building on Mill Road.[2]
Company type | Credit union |
---|---|
Industry | Financial services |
Founded | 1937 |
Headquarters | Fairhaven, Massachusetts, United States |
Number of locations | 9 full-service branches and an Administrative Center |
Key people | Peter J. Muise, CEO Edward P. Shea, COO |
Products | Savings; Checking; Consumer loans; IRA’s; Mortgages; Business loans; home equity loans |
Website | firstcitizens.org |
History
editFirst Citizens' Federal Credit Union was originally organized as Bristol Credit Union on November 17, 1937, as a state chartered community credit union serving employees and/or residents of Bristol County, Massachusetts.[3] The name was changed to Citizens' Credit Union during a charter expansion that extended the credit union's allowed field of membership to include the Massachusetts counties of Bristol, Plymouth, Barnstable, Dukes, Nantucket and Norfolk.[4] In 1987, the credit union's state charter was converted to a federal charter. At the same time, the credit union deposits became federally insured. A new name was chosen, First Citizens' Federal Credit Union, which remains today.[5]
Locations and branches
editIn 1998, the seventh branch office opened for business in Falmouth.[6] 2010 marked the opening of the Mattapoisett branch location.[7] The credit union currently has nine branch locations and continues to grow both in size. Plans have been put into place to expand again in 2011, adding additional branches on Cape Cod. In 2011, the Mashpee branch of First Citizens opened.[6] First Citizens' is currently a $500 million plus institution.[8]
Branch Locations
Services
editFirst Citizens’ offers their customers auto loans, mortgages, home equity loans, small business financing, checking, savings, and personal loans.[9][10]
Social responsibility
editFirst Citizens’ provides annual college scholarships throughout the areas they serve each year.[11][12]
First Citizens’ supports local veteran service organizations through their 'Hero Program'.[13][14] In 2009, the credit union introduced a similar program called the "Champion Program" that is aimed at recognizing those who serve their communities.[15] 2009 also marked the beginning of their “Think Community” program which helps out local 501(c)3 non-profit organizations. This program features these non-profits on their Facebook page, their website and even highlights one of these organizations in their e-newsletter each month.[16]
References
edit- ^ Downey Development, Southcoast Center
- ^ "AT&T opens Fairhaven customer care center". Archived from the original on March 12, 2016. Retrieved Mar 27, 2023.
- ^ "South Coast Today". Archived from the original on 2016-03-03. Retrieved 2010-01-14.
- ^ "Stocks". Bloomberg.com. Retrieved Mar 27, 2023.
- ^ National Credit Union Administration Archived 2010-01-11 at the Wayback Machine, Federally Chartered Credit Unions List
- ^ a b "Credit union expanding in region". Archived from the original on 2011-06-17. Retrieved 2019-12-16.
- ^ "First Citizens' Federal Credit Union opens in Mattapoisett". Archived from the original on October 24, 2010. Retrieved Mar 27, 2023.
- ^ Staff, P. B. N. (Sep 11, 2010). "First Citizens plans Cape Cod growth". Retrieved Mar 27, 2023.
- ^ Cape & Plymouth Business News[permanent dead link], First Citizens' Federal Credit Union: Growing with a new consortium
- ^ Cape & Plymouth Business News[permanent dead link], Bigger is better: First Citizens’ joins other credit unions to compete against larger banks
- ^ Cape Cod Today Archived 2008-10-07 at the Wayback Machine, First Citizens' Announces 12th Annual $1000 Barbara Whitehead Silva Scholarship
- ^ Falmouth Military Support Group, FMSGrp Scholarship Fund established at the First Citizens’ Federal Credit Union
- ^ Banker & Tradesman Archived 2011-07-07 at the Wayback Machine, First Citizens’ Hero Program Hits $45K Milestone
- ^ Credit Union Journal, First Citizens’ FCU’s Hero Program Aids Local Veterans’ Groups
- ^ Credit Union Times, ‘Champion’ Now Trumps ‘Hero’ Account at First Citizens’
- ^ New Bedford Area Chamber Focus Archived 2010-11-22 at the Wayback Machine, ‘Member Highlight’
External links
edit- Official website
- Article: While big banks suffer, tiny First Citizens’ thrives[permanent dead link]
- Banker & Tradesman First Citizens Federal Credit Union Celebrates Re-Opening