The list of products and services available to members grew with MemberDirect Online Banking introduced in 2000. In 1968, Unity Credit Union constructed a new building and introduced term deposits.ġ982 was an exciting year as Unity’s Credit Union installed their first automated teller machine giving members the ability to withdraw money after normal business hours.ġ998 was another big year as major building renovations were undertaken as well as UCU undergoing a data system conversion. In showcasing their history to the Press-Herald, Unity Credit Union says their first loan was granted for the amount of $30 to a prospective honeymooning couple. Fast forward to 2021, UCU holds $326M in assets along with 4,486 members served by 35 employees. In just 10 years, the credit union’s assets grew to $169,986 and in just 20 years from incorporation, 1961 showed assets for Unity Credit Union at $1.1M. At the time of incorporation, Unity Credit Union held $52 in assets, with 54 members. The long history of this business includes many milestones. There have been 10 general managers over this business’s 80 years, including now CEO, Gerald Hauta. This was the only other location of this credit union before relocating to where they are situated today, on Second Avenue West. The original branch was located on Main Street, where the former Co-op administration office was located. Delahoy (manager of Co-op Hardware) Henry Nelson (farmer) Chas Sinclair farmer) K.W. Gordon (secretary of Unity Co-op Association Ltd.) Peter Ottem (farmer) J.H. Olafson, vice-president (grain buyer) C.W.
McAlpine, secretary-treasurer (manager of Unity Co-op Service Station) T. Brathen, president (operator Power Commission – Sask.) Mrs. The original founders of this now 80-year-old business, once known as Unity andDistrict Savings and Credit Union Limited, each with one equal share included: E.L. However, they hope to be able to host some sort of safe way of marking this occasion during annual Credit Union Day that is part of co-operative week. With the pandemic still in our environment and the uncertainty of it, no formal activity is planned at this time to mark this milestone occasion. 28, 1941, Unity Credit Union celebrates their 80th anniversary in 2021. Unauthorized access or use of this website is not permitted and may constitute a crime punishable by law.UNITY - Incorporated Aug. Any insurance required as a condition of an extension of credit by DECU may be purchased from an agent or an insurance company of the Member’s choice. They are not an obligation of or guaranteed by DECU and may be subject to risk.
Insurance may be purchased from any company of the Member’s choice Insurance products are not deposits of DECU and are not protected by the NCUA. In all instances where a discrepancy might arise between informational, advertising, and/or marketing material and the actual policy issued by the insurance company, the terms and conditions contained within such policies will take precedence. Downeast Insurance, LLC acts only in the capacity of an agent or broker in obtaining such coverage, and may receive remuneration for policies sold. The products available through Downeast Insurance, LLC are underwritten through and provided by insurance companies authorized, licensed, or enabled to provide coverages in the jurisdictions where such coverage is offered. The products available through Downeast Insurance, LLC, a wholly-owned subsidiary of Downeast Credit Union are not endorsed by Downeast Credit Union. Privacy and security policies of the website to which you are linking may differ from those practiced by DECU.Īpp Store is a service mark of Apple Inc. The Credit Union is not responsible for the content of the third party website and does not represent either the third party website or the member if you enter into a transaction. Clicking on a third party link will take you out of Downeast Credit Union’s website to an alternative website not operated by DECU. External Links: For our members’ convenience, links are available in this website to allow quick access to other sites that may be of interest.
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