Buckeye Cellulose Corporation was established. July 3, 1956 Buckeye Employees Federal Credit Union was established by the employees of Buckeye Cellulose Corporation.
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%.
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.
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
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 its 40th year anniversary of fulfilling our commitment of financial stability and first rate member service.
December 31, 1998
$40 Million assets 7800 members
Windows driven computer system upgrade/conversion
HomeBanking and Bill Pay made available on the internet
March 15, 2002
Credit Union name changed to Buckeye Community Federal Credit Union
Loans, Accounting, Special Services relocated to Town Office
December 31, 2004
$50 Million assets 9500 members
ATM located at Buckeye operational
50th year anniversary => $55 Million assets 10,200 members
Completed construction of conference room and new drive through expansion
Computer System Upgraded/Conversion
Walkup ATM installed at Keaton Beach Corner Store
HomeBanking services expanded to MobileBanking, text messaging
Charter expanded to include 6 counties (Taylor, Dixie, Lafayette,Suwannee, Hamilton, and Madison)
December 31, 2010
$65 Million in assets
Developed Online Apps for Loans, Membership, ATM cards, etc.
Hired Marketing/Business Developer Director, partnered with Green Path Debt Solutions
Release of mobile application/Surpass 70 million in assets
Addition of Scorecard Rewards to all Visa cards
Mobile Remote Deposit Capture Added to Mobile App
Began Indirect Lending
December 31st, 2015
Exceed $80 Million in Assets
May 17th, 2016
Opened Second Office In Madison, FL
Reached 10,000 members
Reached $100 million in assets
Created Full-Time IT Manager position