Perhaps sensing the ominous times ahead, 31 teachers from the Springfield School System began to meet at 32 Spring Street as an attempt to insure the financial security amongst its members. After several meetings, the Springfield Teacher’s Credit Union received, from the Commissioner of Banks and the Secretary of State, a Certificate of Incorporation on October 5, 1929. Phillip Fox was the first president and recorded assets of $2,160. For many years the credit union operated after school out of Room 125 at Commerce High School until property at 427 State Street was purchased in the 1960’s. The membership continued to grow over the next several decades until it became necessary to expand once again. Ground was broken on the current main office at 145 Industry Avenue in Springfield on November 4, 1988, and the credit union opened its doors on August 7, 1989. In 2015, after examining how to better serve all of our members and create an identity that truly represents who we are today, we decided to change our name to Arrha Credit Union. Arrha, meaning a pledge in earnest, is one of the oldest words in the english language and reflects our pledge to assist our members in reaching their financial goals by providing superior products and services in a personal manner.