Today's Date: October 31, 2014
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Our Credit Union was organized on January 8, 1946. We are one of the oldest still operating Credit Unions in the Upper Peninsula of Michigan. Our Credit Union is located in Chatham Michigan. This area is in the central part of the Upper Peninsula. The population of our town and immediate surrounding township is approximately 2000 people.

The Chatham Eben Co-op Federal Credit Union was organized in the same way the Chatham Cooperative Grocery Store was organized. It was a way for this small rural community to join forces and pool the monies in such away that enabled the members to be able to save and borrow at a low interest rate. This was at a time when borrowing from banks was very difficult to do. The first Credit Union office was located inside the Chatham Cooperative Grocery Store. The Credit Union operated out of a back room in the Grocery Store for more then thirty years before moving to an empty building just next door in 1978. In 1995 the Credit Union moved to a much more modern office building a couple of blocks away. That building served its purpose until 2003 when a brand new Credit Union was built on the only corner lot in town.

The initial “Territory of Operation” as it was called was the four adjoining townships of Rock River, Limestone, Onota, and Au Train. In the 1990’s to present, the field of membership expanded to include those who reside or work within the counties of Alger, and Southern Marquette. This field of membership was expanded to accommodate workers who traveled through Chatham to their jobs in Munising, Marquette and Escanaba.

Our Mission Statement:
The mission of the Chatham Eben Co-op Federal Credit Union is to focus on serving the financial needs of our members by providing quality services while maintaining fiscal soundness.

Our Vision Statement:
The vision of the Chatham Eben Co-op Federal Credit Union is to be the primary financial institution for our members and bring credit union services to more people.

Board of Directors

Supervisory Committee

Credit Committee

Patrick Donahue

Betty Hakanen

Chris Lindquist

Martin Pokela

Gerald MelChiori

Heather Beckwith

Gerald Melchiori

Don Willson

Pam Ryon

Kathy Maki

 

 

Cathy Freberg

 

 

     
 

Employees
Cathy Freberg
Nicole Maki
Janet Braun
Pam Ryon
Cora Fisher

 

 

 




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