The Fort Dix Federal Credit Union was first organized May 1, 1963 under the leadership of SGM. Max Martin and CW4 Clarence Lines. At the onset there were 12 members in a subscriber group and the maximum loan was set at $150.00. Within the first 8 months the membership swelled to more than 700 members. Credit unions focus on the needs of all their members instead of profit for stockholders. All members benefit - individually and collectively. A credit union is a not-for-profit financial institution that is owned and run by its members. The Board of Directors is democratically elected by the membership. All members of the credit union have one vote, regardless of the amount on deposit. The prime function of the credit union is to serve its members.