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your community credit union
Erickson Credit Union was founded by a handful of people in the spirit of community growth and co-operation. At a cost of $5 per share, 10 local residents purchased one share each and their investments provided the initial assets for a banking institution and Ericksn Credit Union was incorporated September 2, 1952.

By 1964, there were approximately 100 active members and the Credit Union had outgrown the office shared with the Co-op store. The Credit Union office was moved to its own building and full service was provided to the membership. Continued growth of the membership over the next few years necessitated even more office space and better business surroundings for the Erickson Credit Union. In 1968, a new building was constructed to house what was now a recognized community banking service. By 1972 the membership had blossomed to five hundred and fifty and the new office was expanded and renovated further in 1977-1978. The early 1980's, branch offices were operated in Wasagaming as well as Onanole.

In 2001, again due to the growth of the Credit Union, a new building was constructed at 24 Main Street. In the 60 years of its existence, the Erickson Credit Union has moved from a farm kitchen with staff of one to its present location with a staff of ten. Membership has grown from 10 charter members to 1,700 in 2012.

From the ten charter members to 1700 and from fledging operation to a stable and recognized community institution, offering a full range of competitive products and service, the Erickson Credit Union has maintained the original spirit of co-operation on which it was founded. Throughout the years, Erickson Credit Union also supported many community projects and events. Erickson Credit Union is proud to celebrate 60 years of commitment to community.

 

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