The History of "Golden Rule" Community Credit Union
On September 22, 1938, nine Speed Queen employees got together and they formed the Speed Queen Credit Union to become the state's 600th credit union. On May 7, 1959, the name was changed to Ripon L.A. Credit Union (Laundry Appliance).
Several local companies looked into forming their own credit unions before joining Ripon LA. Thus employees of Ripon Memorial Hospital and Modern Pole Builders became the 2nd and 3rd companies to make up the credit union. Four more companies from Ripon and Green Lake came next, and on September 29, 1976, the credit union became Ripon Community Credit Union. On December 10, 1982, Greater Berlin Credit Union merged with GRCCU. Then the townships of Rosendale, Springvale, and Metomen were added along with all of Green Lake County. On February 1, 1992, Handcraft Employees Credit Union joined with GRCCU.
Like all credit unions, GRCCU is a non-profit financial cooperative owned by its members. The membership is comprised of a group of people sharing a common bond who save their money together. The accumulated funds are used to provide loans at competitive rates, which in turn pay dividends on the savings. Deposits are called "shares" because members actually become part-owners of the credit union.
Because of strong leadership throughout its history, GRCCU now can offer a large line of services to its members. We thank you and all our members for supporting "Golden Rule" Community Credit Union.
Membership is open to anyone living or employed in Green Lake County, the City of Ripon, Villages of Brandon, Fairwater, Rosendale, the Townships of Ripon, Rosendale, Springvale and Metomen located in Fond du Lac County; the Townships of Aurora & Warren in Waushara County; the Townships of Nepeuskun & Rushford in Winnebago County; members of the Greater Berlin Credit Union and Handcraft Employees Credit Union. Membership is also open to members of the immediate family of all qualified persons.
"Golden Rule" Community Credit Union Mission Statement
At "Golden Rule" Community Credit Union, we will treat people according to the "Golden Rule", help others develop, pursue excellence and grow financially as we provide quality services and products to meet the changing financial needs of our members."Golden Rule" Community Credit Union Membership
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