* About Ed-Med Federal Credit Union *
Our Credit Union was chartered on July 31st, 1959 to serve employees of the Ogdensburg City School District. In 1974 our charter was expanded to include employees of Morristown Central School. In 1979 our charter was once again expanded to include employees of Hammond Central School. In January of 2004, the members of A.B.H.H. Employees Federal Credit Union merged into our credit union and increased our assets to over $10 million and our membership to approximately 2200 strong. In October of 2007, our charter was once again expanded to include the employees of the Lisbon Central School District.
* History of Ed-Med Federal Credit Union *
A credit union is a nonprofit, cooperative financial institution, owned and run by its members. The volunteer board that runs each credit union is elected by its members. "Not For Profit, Not for Charity, But for Service" is a credit union motto. Credit unions are not new. Originating in Europe, the first credit union formed in the United States was in Manchester, New Hampshire in 1909. Today, there are over 12,000 credit unions with over $320 billion in assets serving over 70 million members in the United States alone.
* Who Can Join Ed-Med Federal Credit Union *
Our Field of membership is limited to those who have the following common bond: Employees of the Boards of Education of Ogdensburg, Morristown, Hammond, Lisbon; employees of: Claxton Hepburn Medical Center, United Helpers Organization, St Joseph's Home, St Lawrence County CDP, doctors affiliated with CHMC and their employees, employees of this credit union, persons retired as pensioners or annuitants of the same employment, members of their immediate family and organizations of such persons.
* How to Join Ed-Med Federal Credit Union *
Any person qualifying for membership as described above may join this credit union by filling out an application for membership and purchasing one share in the Credit Union. A share is equal to $5.00 and this amount must remain in your primary share account at all times. This is not a service fee, you earn dividends on this $5.00 investment. If you are not a member and would like more information, please click on the link below to email or give us a call at 393-2873.
For More Information Click on the links below. By clicking these links, please be aware you are leaving the edmedfcu.com web page.
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government
National Credit Union Administration, U.S. Government Agency
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