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1980s

Home > About Us > 1980s
Home > About Us > 1980s

1980s

In 1980, the credit union introduced the Share Draft and Direct Deposit programs as membership increased to 30,868.

The Credit Union's former president and CEO, Stan Swenson, was hired as its fourth General Manager on May 24, 1982. That year also marked the introduction of the Individual Retirement Account and Money Market Savings Account.

Deregulation of the financial services industry and the dynamic growth of Northrop Corporation saw the Credit Union's assets rise from $87.8 million to $186.8 million over a four-year period. Membership increased from 35,500 to a record high of nearly 47,000 in 1987. Loans outstanding increased from $52.8 million to $136.3 million and reserves grew to $12.9 million.

By 1985, during its 40th year of service, the Credit Union's assets reached $100 million. Only 11 years beforehand, its assets were just over $20 million.

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Important Numbers

Member Services: 800.633.2848 (available 24/7)

Credit & Debit Card Member Services: 800.633.2848 ext 4856 (available 24/7)

Credit Card Lost or Stolen: 866.839.3485
For International Calls: 727.570.4881

Debit Card Lost or Stolen: 800.754.4128
For International Calls: 727.227.9012

Credit Card Activation: 800.456.6870

Debit Card Activation: 855.485.7043

Members traveling or who reside outside of the US: 727.227.2447

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