Credit
Union History
On January 13, 1953, a small nucleus of
people affiliated with the Hobbs Municipal
Schools joined together in an effort to
build upon a dream. This dream
was initially a concept whereby the
establishment of a credit union would
afford its members an opportunity to
accumulate their savings and create a
source of credit for provident and
productive purposes.
This
dream was realized when the Director of
the Bureau of Federal Credit Unions
executed and signed into existence a
certificate and charter, officially
acknowledging the Hobbs Municipal Schools
Federal Credit Union as an institution in
good standing, being designed to promote
savings and credit to its membership.
Since
1953, the Credit Union has experienced
changes, which would be anticipated in a
regulated financial environment.
Those changes have been associated with
growth, development, and confidence of a
member-owned financial institution,
offering the membership a wide range of
financial products and services.
On
January 1, 2001, the Credit Union entered
into another phase of its development.
Taking on the new name of Lea Community
Federal Credit Union, the Credit Union is
now able to serve all residents who live,
work, worship, or go to school in Lea
County. |
