Our History


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 its 40th year anniversary of fulfilling our commitment of financial stability and first rate member service.

December 31, 1998

  • $40 Million assets 7800 members

May 1999

  • Windows driven computer system upgrade/conversion

2000

  • HomeBanking and Bill Pay made available on the internet

January 2001

  • Community Charter

March 15, 2002

  • Credit Union name changed to Buckeye Community Federal Credit Union

2002

  • Loans, Accounting, Special Services relocated to Town Office

December 31, 2004

  • $50 Million assets 9500 members

January 2005

  • ATM located at Buckeye operational

July 2006

  • 50th year anniversary => $55 Million assets 10,200 members

July 2007

  • Completed construction of conference room and new drive through expansion

September 2008

  • Computer System Upgraded/Conversion

August 2009

  • Walkup ATM installed at Keaton Beach Corner Store

August 2010

  • HomeBanking services expanded to MobileBanking, text messaging

October 2010

  • Charter expanded to include 6 counties (Taylor, Dixie, Lafayette,Suwannee, Hamilton, and Madison)

December 31, 2010

  • $65 Million in assets

2011

  • Developed Online Apps for Loans, Membership, ATM cards, etc.

2012

  • Hired Marketing/Business Developer Director, partnered with Green Path Debt Solutions

  • Release of mobile application/Surpass 70 million in assets

2013

  • Addition of Scorecard Rewards to all Visa cards

  • Mobile Remote Deposit Capture Added to Mobile App

July 2015

  • Began Indirect Lending

December 31st, 2015

  • Exceed $80 Million in Assets

May 17th, 2016

  • Opened Second Office In Madison, FL