Recommended

In 1938, Great Lakes Credit Union (GLCU) was organized by William E. Elliott, President of Local 167 - National Federation of Federal Employees, with an uncomplicated concept: to create a financial institution which put the best interests of the members first, allowing civil servants to borrow money at reasonable rates and have a safe place to save for the future. When GLCU was established, there was no financial institution in the area. In those early days, Civil Servants were paid in cash. GLCU’s Treasurer set up a desk at the end of the government Disbursing Officer’s pay line to collect deposits and loan payments from members. The day’s receipts were then placed in a tin cash box.