Our Story

Great Lakes Federal Credit Union and its members have enjoyed rich longevity in the Great Lakes Bay Region. Our story began in 1936, with the introduction of Wolverine Knitting Mills Federal Credit Union and includes mergers with the former Industrial Brownhoist Employees Federal Credit Union, Bay Medical Credit Union, and Birch Run Area Credit Union. Our charter began in June of 1963 as Bay City Mercy Hospital.

Today, Great Lakes Federal Credit Union serves more than 150 employer groups in diverse fields and our membership benefits are now open to anyone who lives, works, or worships in Bay, Gladwin, Midland, Tuscola Counties, or the townships of Birch Run & Taymouth in Saginaw County.

Membership in Great Lakes Federal Credit Union makes you an owner of our financial institution and allows you to take advantage of the services we offer. At GLFCU, our decisions will always be based on the safety and soundness of working with your money. Our efforts exist to help you improve your financial condition while providing products and services that will enhance your quality of life by adding convenience, removing stress, and helping you reach your definition of financial success in every stage of your life.

We have three convenient physical locations to serve you 6 days a week and 24/7 access through mobile banking, ATMs, and our call center for all issues relating to Visa credit cards and Mastercard debit cards.

HISTORICAL TIMELINE OF GREAT LAKES FEDERAL CREDIT UNION

September 30, 1936 Wolverine Knitting Mills Federal Credit Union

March 21, 1953 Bay City Shovels Federal Credit Union

March, 1953 Industrial Brownhoist Employees Federal Credit Union

July 1954 DeFoe Employees Federal Credit Union

January 2, 1956 Valley Welding – Calcinator Employees Federal Credit Union

August 1961 Bay Osteopathic Hospital Credit Union

June 25, 1963 Bay City Mercy Hospital Credit Union

August 31, 1965  Name Change: Industrial Brownhoist Federal Credit Union to I.B. Credit Union

February 18, 1969 Name Change: Bay City Mercy Hospital Credit Union to Bay Medical Credit Union

March 1, 1969 MERGER: Bay Osteopathic Hospital Credit Union with Bay Medical Credit Union

April 1, 1971 MERGER: Bay City Shovels with Industrial Brownhoist

July 1, 1972 MERGER: Samaritan Hospital, General Hospital with Bay Medical

March 13, 1975 Name Change: I.B. Credit Union to Industrial Business Credit Union

April 1, 1977 MERGER: DeFoe Employees Federal Credit Union with Bay Medical Credit Union

October 1, 1981 MERGER: Wolverine Knitting Mills with Industrial Business Credit Union

June 1, 1983 MERGER: Valley Calcinator Employees Federal Credit Union with Industrial Business Cr Un

September 17, 1985 Name Change: Bay Medical Credit Union to Healthcare Family Credit Union

May 19, 1986 Birch Run Area Credit Union

April 1, 1988 MERGER: Industrial Business Credit Union with Healthcare Family Credit Union

April 12, 1994 Name Change: Healthcare Family Credit Union to Credit Union Plus

November 1, 2002 MERGER: Birch Run Area Credit Union with Credit Union Plus

July 10, 2017  Name Change: Great Lakes Federal Credit Union

 

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