Your Legacy Federal Credit Union – How Can You Help?
Let’s Talk History First
Founded on February 20, 1952 as St. Joseph Parish Tiffin Federal Credit Union, with Monsignor Richard H Gabel as first board president, we had 33 accounts totaling $262.50 after one day. By the end of the year, we had 140 accounts totaling $8,763.72 in deposits and $3,118.65 in loans. Total income for the first year was just $18.46 against expenses of $127.10. It used to be you had to visit the treasurer’s personal home during the week to request a loan. They proceeded to function as a fully volunteer organization until 1970 when they hired their first paid employee. We got our first computers in 1985!
In 1987, the name changed to Tiffin St. Joseph Federal Credit Union and we continued to grow adding such technological marvels as touch-tone phone transactions, ATMs and debit cards, and then Online Banking!
We remained Tiffin St Joseph FCU for 27 years with a community charter which allowed us to service ANYONE who lives, works, worships, attends school, or volunteers in Seneca County, and in 2014 the name changed to Your Legacy Federal Credit Union.
And Now, Today!
Today, we are headed by our President and CEO Derek Sidor, our volunteer Board of Directors and Supervisory Committee members, and have a total 19 employees working full time. We offer modern conveniences like mobile banking, a student loan marketplace, and much more!
Your Legacy is not-for-profit, and proceeds we earn from interest on loans, administrative fees, and investments pay for our facilities, operation costs, marketing, payroll, community donations and grants, and of course, paying out dividends to our members. We have transparency! All our balances are publicly available in our foyer every day, and our annual meeting is a great opportunity for you to enjoy dinner, get some swag, and get an update on our operation, goals, and vision for the future. You can even volunteer to be on the board if you want to really get involved!
Your Legacy introduced our Coffee Connect last year, creating an open door for our members to speak directly to upper management if needed every first Wednesday of the month. Late last year we introduced Financial Fitness Friday, creating another open door with our financial counselor to help you meet your goals and set realistic expectations of your budget and spending power every first Friday of the month.
How Can YOU Help?
We need your help, though. As members of the Credit Union, we hope you’re satisfied with all the perks and services we offer, the community involvement, and more. We’d love to hear from you with reviews on Google, Testimonials we could publish on our website, and we’d love to offer you up to $500 for taking advantage of our Refer-A-Friend program. Even if your referred friends don’t hit all the criteria for the payout, you are helping to grow our community, allowing us to offer more products and services and expanding our impact on Seneca County. Send us an email or fill out the Contact Us form on the website to let us know what we can do for you, or what you’d like to express to us. Or if you’re feeling up for it, word of mouth is still the most powerful advertising we can have, and just sharing your good stories with your colleagues and community may help someone make the decision to open a share account and start learning of the credit union difference. Thanks so much for your consideration and membership!
