CES Credit Union

Mount Vernon, United States

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Description

Specialties

We are a hometown credit union featuring lower rates on loans and higher rates on deposits. Whether you need to buy a new home or save for your future we offer the services to fit your needs.

History

Established in 1952.

September 23, 1952: The first shareholders’ meeting is held. 69 shareholders gathered to adopt a code of regulations and to elect these first officers for the fledgling credit union… George Ralston, President

Harry Bennington as Vice President, Dorothy Yost as Secretary and Dan Wintermute, Treasurer. Among the first policies adopted were «no loan shall be made in excess of $ 100 without security, and no loan shall be made in excess of $ 300 with security» and «an entrance fee of 25 cents shall entitle a person to membership.» These initial shareholders and their deposits were the heart of the young credit union.