Our History
It all began in 1941. With the world at war, the founding members of our Credit Union were intent on building a strong financial future for firefighters and their families. Our first offices were located in fire halls, wherever there was available space. There were initially 21 members, and assets totalled $3,278.
The first mortgages were approved in 1948 and the terms were simple. The amount could not exceed $3,500, taking into consideration that department salaries that year started at $2,191 and climbed up to the $7,000 earned by the Chief.
In 1993 we purchased our Avenue Road site and our growth continued. Today we have about 4,500 members and assets totalling approximately $68,000,000.
The years from 2005 to 2010 brought a number of challenges, including changes to regulatory standards, an economic recession, increasing competition, and rapid technological advancements. In 2010 we changed our name to Fire Services Credit Union and adopted a new logo, reflecting our nature as a modern credit union embracing new ways of serving a new generation of Fire Services employees.
Much has changed since 1941, but our commitment remains the same: to build strong financial futures for our members.
Charlene