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

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Phone: (419) 422-5626
1007 Western Avenue, Findlay, Ohio 45840
Fax: (419) 422-5598
M.A.R.S. (419) 423-2766
1811 Tiffin Avenue, Findlay, Ohio 45840
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