| 1954 |
Buckeye
Cellulose Corporation was established.
July 3, 1956 Buckeye Employees Federal
Credit Union was established by the
employees of Buckeye Cellulose Corporation. |
| 1956 |
W. D. Wilson, an accounting manager for
Buckeye Cellulose operated the credit
union from the Foley Lumber Industries
office.
Unsecured loans could be up to $200 and an additional
$100 for each co-signer up to a maximum
of $400. The interest rate was a whopping 1%.
|
| 1958 |
Mabel Adams, a part time employee, was appointed
as office manager and the credit union
began to operate from the old train
depot which received and shipped goods
for Buckeye Cellulose on the Live
Oak, Perry and Gulf Railroad, better
known as the "Loping Gopher".
|
| October 1, 1959 |
Hoyt Ragans was hired as the first full
time employee. At this time the credit
union had $188,000 in assets and 500
members.
|
| 1960 |
The credit union moved operations to the
old commissary building. This building
also provided for dry goods, a barber
shop and a post office. You could
shoot a game of pool while sipping
a soda drawn fresh from an old fashioned
soda fountain.
|
| December 31, 1960 |
$311,773 assets 678 members
|
| December 31, 1970 |
$2,235,627 assets 2,113 members
|
| May 18, 1975 |
Main office grand opening at the Hwy 30 location.
|
| December 31, 1980 |
$11,595,698 assets 3,642 members
|
| October 1987 |
Hoyt Ragans, credit union employee and
Manager/President for 28 years,
resigned. Pam Rigoni-Parker was appointed
to serve as interim President.
|
| August 15, 1988 |
Charlton L. Knowles was named BCFCU President
|
| January 2, 1990
|
BCFCU opened the downtown branch facility.
The members are very proud of this
facility as it is one of the finest
establishments in Taylor County
|
| December 31, 1990
|
$34,108,938 assets 5,537 members
|
| January 31, 1996 |
$36,139,803 assets 6,659 members
|
| July 3, 1996 |
BCFCU celebrated it’s 40th year anniversary
of fulfilling our commitment of financial
stability and first rate member service.
|
| December 31, 1998 |
$40 Million assets 7800 members
|
| January 2001 |
Community Charter
|
| March 15, 2002 |
Credit Union name changed to Buckeye Community
Federal Credit Union
|
| December 31, 2004 |
$50 Million assets 9500 members |
| July 2006 |
50th year anniversary => $55 Million assets 10,200 members
|
| July 2007 |
Completed construction of conference room and new drive through
expansion> |