Wayne County Community Federal Credit Union was officially organized on June 7, 1966 as the Wayne County School Employees Federal Credit Union. Seven very foresighted school employees (Sam Yelic, Charles Deane, Wayne Kornhaus, Neal Retherford, Fred Kloha, Russell Knight and Kenneth Barton) met on that June date and held the first incorporators meeting for the Wayne County School Employees Federal Credit Union, NCUA Charter # 17449. Wayne County Community Federal Credit Union now serves as the only locally-based (Wayne County) financial institution in the Smithville and Orrville area.