History

The Credit Union was organized for the union employees of Cooper Tire & Rubber Company in Findlay, Ohio and their wives, husbands, parents, dependent children residing in the same household, and widows and widowers of members in good standing at the time of their death. It was organized to provide financial services to the workers and their families at a more reasonable cost than the area banks were offering. It gave the Cooper union employees a place they could borrow money by simply asking and signing a loan note. It was also a place they could payroll deduct a portion of their paycheck for the benefit of saving money.

When the Credit Union started in 1966, the original name was Local 207 U.R.W. Employees Credit Union. On March 13, 1984 the name was changed to Millstream Area Credit Union to better reflect the growing membership. The credit union had accepted select employee groups (SEG’s) and most importantly the salaried employees of Cooper Tire were now eligible to join. At this point, the Board of Directors felt a more appropriate name was needed in order for the credit union to market to the additional select employee groups.

The name Millstream Area was derived by the Board of Directors and it was to reflect the old song “Down by the Old Millstream.” The composer of this song, Tell Taylor (1866-1937), lived in the area and many businesses close to the credit union have since adopted the word Millstream in their business name.

The first shareholders meeting was held on April 25, 1966 with the charter members.

Below is a list of the charter members that were instrumental in organizing Millstream Area Credit Union.

	Jack Scoby M.K. Dukes Blaine Wilson Dale E. Lee Harold R. Wood William J. Leeper Ann A. Rader Charles Hicks Mildred Howard D.E. Sharninghouse Roland J. Warnimont Joseph M. Woods Karroll G. Hepner Merlin D. Withrow W.T. McGinley Robert Gonzales Richard Pershing

 

	Elected April 25, 1966 Joseph Woods President Roland Warnimont Vice President Mildred Howard Secretary Jack Scoby Treasurer Karroll G. Hepner Director Merlin D. Withrow Director W.T. McGinley Director

Millstream Area Credit Union has progressed through several fields of membership expansions. It began in September 1977 when the credit union changed its Articles of Incorporation to accept additional select employee groups (SEG’s). The second SEG was added throughout the years. On February 27, 1991 the credit union again changed its Articles of Incorporation to include any family member of an existing member as being eligible to join.

On April 1, 1998 Millstream Area Credit Union merged with and acquired the assets of a small credit union called Webster Credit Union. Webster had approximately $463,817.00 in assets and 283 members. Then on September 19, 2000 the Millstream Area Credit Union received its Community Charter for Hancock County, Ohio.

The present field of membership consists of employees and family members of 28 SEG’s as well as any person and his/her family member who lives, works, attends school or worships in Hancock County Ohio.

The following is a list of our SEG’s and the date they were approved for membership into the Credit Union:

	Cooper Tire & Rubber Company April 5, 1966 Findlay City Employees January 12, 1978 Kuss Corporation March 15, 1982 DLM Corporation March 15, 1982 Cooper Tire & Rubber Company – Salaried employees March 20, 1984 High Quality Plastics November 25, 1985 Sundor Brands – Closed February 18, 1986 Norbalt Rubber Company June 23, 1986 Findlay Industries June 27, 1988 Centrex Corporation – Closed September 28, 1988 Findlex Corporation April 10, 1991 G.S.W Corporation May 15, 1991 Millstream Press Printing December 13, 1991 Liberty Staffing December 13, 1991 Findlay Industries – Salaried employees January 28, 1992 Clevite Bridgestone July 15, 1992 Wrecker Bear Towing December 9, 1992 Douglas Asbury, CPA May 18, 1994 Tall Timbers Distribution Center April 26, 1995 OHM Remediation Service Corporation September 11, 1995 Dukes Transportation October 24, 1995 Miami Industrial Trucks November 17, 1995 Waste Management of Ohio November 17, 1995 Grob Systems Incorporated August 26, 1996 Independent Concepts October 28, 1997 Blanchard Valley Dental Professionals January 26, 1998 M & A Trucking August 21, 1998 Findlay Garden Apartments May 19, 1999 New Adventure Computer & Electronics July 6, 1999 Wolfies Roasted Nuts April 19, 2000