As we look back over the past 57 years we are proud of the value, service and convenience we’ve given to our growing membership. Arrowhead Credit Union was created out of the principle that people could join together to form a financial cooperative. Credit Unions are not for profit, not for charity, but for service and a means to help individuals achieve a better financial future for themselves and their community.
In 2006, Arrowhead surpassed $1 billion in assets and while we have looked forward to this achievement and our increasing financial strength, we know that this milestone has only been reached one valued member at a time.
1949-
Credit Union opens for business serving San Bernardino County employees
1950-
Credit Union shows a net profit of $105 with a membership of 147
1952-
Credit Union has first full-time employee, earning $1.00 per hour
1956-
Membership tops 1,000
1957-
Credit Union leases first office space
1960-
Deposits total $667,041 with 1,895 members
1962-
Assets top $1 million
1964-
Credit Union builds first branch in San Bernardino at a cost of $46,444
1970-
Certificates pay 6.5% APY
1974-
Credit Union celebrates 25th anniversary with assets exceeding $13 million
1976-
Share draft checking accounts introduced
1978-
Membership increases to 15,609
1982-
Name changes to San Bernardino County Central Credit Union
1984-
CU Hear technology unveiled allowing members to access their accounts by phone
1985-
Credit Union opens two new subsidiaries offering investment and insurance services
1986-
Assets pass the $100 million mark
1988-
Membership tops 50,000
1991-
Children’s savings program, Rocky Raccoon and the Rainbow Rangers introduced to promote financial literacy and good savings habits
1993-
Dealer Direct program developed to expedite the car buying process and offer members new options for discounts
1995-
Credit Union begins offering trust services through a wholly-owned subsidiary
1997-
Name changes to Arrowhead Credit Union
1999-
ACU celebrates its 50th Anniversary serving 75,000 members
2000-
Arrowhead Foundation, a non-profit educational foundation started by ACU issues its first group of scholarships totaling $21,750
Generation Arrowhead, a new savings program aimed directly at the teen market
2001-
Membership reaches 110,000
2002-
Sawyer Cook added as new insurance provider and Integrity Planners, Inc offers tax planning and preparation
2003-
Members Business Services launches to serve small business needs
2004-
ACU opens two branches in a partnership with Stater Bros. Markets bringing the total of in-store locations to eight
2005-
ACU opens 25th branch location in Apple Valley and an off-site Home Loan Center in Murrieta
2006-
Riverside Branch moves to a new expanded location
Assets top $1 billion
2007-
Opens 26th branch location in Hesperia
Opens 27th branch location in Fontana
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