NIH Federal Credit Union Turns 85

This year, the NIH Federal Credit Union (NIHFCU) celebrates 85 years of service.

On January 11, 1940, when nine federal employees pooled $75 and began transacting business out of a shoebox, the NIHFCU was born. From a cramped 5’x6’ space in Bldg. 1 (shared with the NIH telephone operator) to today’s advanced mobile banking technologies, the NIHFCU has enjoyed a fascinating history.

Rick Wieczorek, NIHFCU’s president & CEO, said, “Eighty-five years of continuous operation is a remarkable achievement reserved for only the soundest of financial institutions. At our Rockville headquarters, we proudly display one of NIHFCU’s first financial statements from 1940. As we celebrate our anniversary, this treasured document is as meaningful as ever, as it provides a daily reminder of NIHFCU’s humble beginnings and the spirit, legacy and positive impact it has, and will continue to have, on the lives of so many.

“On this occasion, I am so proud of our dedicated employees, and engaged volunteer Board and Committee members, who work tirelessly to ensure that our ‘Banking With Heart’ mission remains alive and well.  I also want to thank our loyal members who trust us with their financial needs. We are grateful and privileged for the continued opportunity to serve.”  

The NIHFCU thanks all its members–past and present–for their loyalty and contributions to the credit union’s longevity and success. Visit www.nihfcu.org for related news and special announcements throughout the year.