about us

Multi-Schools Federal Credit Union Membership Information:

Membership of the Credit Union is available to employees of Big Beaver Falls Area School District, Riverside Beaver County School District & Ellwood City Area School District; family members living in the same household; parents of members; children of members; siblings of members; grandchildren of members; persons retired from the above employment; spouses of persons who died while within the field of membership; employees of the Credit Union; members of their families and organizations of such persons within the membership.

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Who we are:

The Board of Directors and Supervisory Committee wish to recognize and thank our members for all our success. In fact, our very existence is due entirely to our members. We are honored to have served you for so long. Because of you, we celebrated one of our greatest milestones – the Credit Union's 80th anniversary in 2018.

As a member-owned, not-for-profit financial cooperative, the Multi-Schools Federal Credit Union will continue to uphold its fundamental responsibility to actively serve people within our field of membership.

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WHERE IT ALL STARTED (History):

On June 26, 1934, President Franklin Delano Roosevelt signed the Federal Credit Union Act into law. On October 1, 1934, the Morris Sheppard Federal Credit Union in Texarkana, Texas, became the first federally chartered credit union. Only four years later, eight employees of the Beaver Falls Area School District (L.D. Smith, Ralph Axtel, Donald Grove, J. Neal Mathews, Norma Heinrich, James Wasson, J. Edward Smith, and Merle Frick) combined efforts to draw up a set of by-laws and applied for a charter. The Multi-Schools Federal Credit Union received its charter on February 10, 1938 when the credit union movement was quite new.

Remaining true to our mission has enabled our credit to grow and serve its members for these many years. Throughout our history, we have prospered by building relationships with our members based on trust - the trust in knowing that the credit union will provide personal financial services at competitive interest rates.

Our future looks even brighter for continued growth and expanding services. While much has changed in America over the past 80 years, our credit union continues to offer personal service that can be trusted.

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Staff: