ITHACA, N.Y. (WHCU) – CFCU Community Credit Union is celebrating a major milestone.
CFCU is now 70 years old. The credit union started in the fall of 1953 on campus at Cornell University. It was known as Cornell Federal Credit Union and only served Big Red employees until it was converted to a community charter in 2003, starting in Tompkins and Cortland counties. CFCU now serves 82,000 members across seven counties and has more than $1.4 billion in assets, making it one of the largest credit unions in the state.
“We know CFCU’s seventy-year legacy will continue as we prioritize adapting to our members’ evolving needs,” said CFCU President and CEO, Lisa Whitaker. “It’s the key reason we’re constantly innovating, offering convenient and digital tools like advanced ATMs, also known as VTMs, and our CFCU More app that allows members to bank from anywhere at any time.”
On average each year, CFCU supports more than 100 local non-profits by sponsoring events and donating over $250,000. CFCU staff raises more than $60,000 through staff fundraisers and volunteers more than 3,000 hours.
