LINDEN, N.J., May 21
/PRNewswire/ -- The 18th oldest federally chartered Credit Union in the
nation, E53 Federal Credit Union celebrated its 75th Anniversary
recently with a grand evening highlighting its past and future.
In honor of the Credit Union's 75th Anniversary, on April 3, 2009,
E53 Federal Credit Union held a Diamond Anniversary Celebration themed
"Growing through the Ages," which was attended by close to 300 members.
The Board of Directors and management team hosted this VIP event at the
Palace at Somerset, NJ. Arriving guests admired
an ice sculpture of the Credit Union's logo and an array of
memorabilia, dated back as far as the early 1930's, creating a
nostalgic tone for the evening. Dance Force Entertainment, as well as
Work of Art Dance Studio provided entertainment that kept members on
their feet with music and dance from the 1930's up to the present.
Representatives
of the New Jersey Credit Union League were among guests, who presented
the Credit Union with a plaque, congratulating them on 75 years of
service. A special award of honor was presented to Jim Patton,
the Credit Union's Loan Manager, for his 25 years of service.
Additionally, 50% of proceeds collected from guests via a raffle
drawing, were donated to the Children's Miracle Network. An evening to
remember and a good time was had by all.
"Volunteers and
early member pioneers who established this Credit Union would be proud
to see us mark this milestone. This achievement establishes the
creditability and stability of our growing financial institution," says
Michael Greenwood, President/CEO of E53 Federal Credit
Union. As we reflect on this milestone, we realize this remarkable
accomplishment makes a significant statement about us. In an
environment where financial institutions have come and gone through the
years, our Credit Union has grown and prospered.
Originally
named "Bayway Employees Credit Union," newspaper accounts from 1934
stated that "memberships started pouring in" from the day it opened.
That was just the beginning of 75 years of growth. As the 18th oldest
federally chartered Credit Union in the nation, E53 Federal Credit
Union provides financial services for a membership base of
approximately 5,500 members. Leading Fortune 500 companies including
ExxonMobil, ConocoPhillips, Infineum and Dupont trust E53 to provide
these services for their employees. This $76 million Credit Union is noted for executing a variety of successful promotions such as; a Leap Year-February
29th - 29% certificate of deposit, "Easy Money Sweepstakes", free movie
tickets, overnight getaways and special discounts for fun and much
more.
E53 is looking forward to an exciting year of
growth and many new opportunities, as they continue to provide an array
of financial products and services, as well as world-class customer
service. We seek to continue to build this organization and deliver
another 75 years of strong financial services for both our current and
future members.
Contact: Cynthia Weaver (908) 474-7886
SOURCE E53 Federal Credit Union
