The Beginning... On March 24, 1959, a group of employees of the Cheektowaga Central School District assembled at the home of Bob Criden, music teacher, for the purpose of organizing a credit union. Under the guidance of Marty Stern, NYS Credit Union League consultant, the group filed for approval of a federal charter.   The subscribers to the organization were: Rosalie Turton, Robert Criden, Patrick Hartnett, Lawrence Whelan, Ruth Peters, Amelia Busch, William Fischer, and Donald Moyce.   Approval of the organization was granted and a charter was issued on April 2, 1959.   On July 1, 1959, the books of the credit union were opened, and the first deposits were received.   Thanks to a considerate Board of Education, our members enjoyed the benefit of payroll deduction.   Our financial and statistical report for the end of June showed 29 members, $259.93 in assets and $203.15 in shares.   Our first loan was granted on September 24, 1959 for the maximum limit of $200.00. By the end of the year, outstanding loans totaled $1,106.60, shares had risen to $3,070.69, and we had a loss of $8.97.   Our first annual meeting was held on January 22, 1960. Our first annual dividend was paid on December 31, 1960.   Now... At the end of 2007, our outstanding loans totaled $4,854,821.44, shares totaled $5,736,906.49, and assets totaled $7,138,301.60. We are providing many services to our members.   Look over the website or call and find out what we can do for you.