Spirit Financial Credit Union was established in 1953 as Fairless Employees Credit Union, with the primary goal of helping employees of the United States Steel Corporation. In the 1980s, the credit union became known as Fairless Credit Union, reflecting the credit union’s expanded legacy of serving the financial needs of various other employee groups throughout the community. In 2005, our charter expanded again to include members of the Bucks County community. We began using the name Spirit Financial Credit Union in 2016 to reflect our vision of helping the diverse community to achieve personal financial growth throughout all stages of life. For Members, By Members. Credit unions are member-owned, not-for-profit financial institutions with member-elected, volunteer board members. Credit unions operate for the benefit of their members, not a select group of stockholders. Since 1953, Spirit Financial Credit Union has exemplified the credit union motto, “Not for profit, not for charity, but for service.”