North Main Credit Union was first chartered
in December 1978 as Lumite Credit Association on the
credit union principle of "people helping people."
Lumite Credit Association was established to serve the
employees and their immediate family of the Chicopee
plant in Cornelia. After nine months in business, the
Chicopee plant management announced the closing of the
company. The facility was sold to Ethicon, a division
of Johnson & Johnson. The management of Ethicon
agreed to sponsor the credit union and in March 1980
the credit union's name was changed to Ethicon Credit Union. The credit union experienced many changes over
the next few years. We have existed solely for the purpose
of serving our members' best interests. This focus on
members instead of profits allows us to offer a full
range of financial services specifically designed to
meet our members' needs and provide substantial savings.
A voluntary board of directors administers North Main Credit Union and establishes
and reviews policy. The Directors are credit union members
who are elected by the membership and serve without pay.
Today, North Main CU serves anyone who reports to work at 655 Ethicon Circle (J & J Associates and all contractors) and all family members of those employees and contractors to include spouses, domestic partners, parents, children, brothers, sisters, in-laws, grandparents, grandchildren, step parents, step children, aunts, uncles, nieces and nephews. In the future, we hope to grow our membership to better serve our entire community.
The employees or associates view credit union service as
a benefit that helps them save money. They also find a credit
union staff that is dedicated to delivering convenient, dependable,
personal service to every member.
Employees or associates can join the credit union by opening
a share/savings account with a minimum deposit of $25 and a non-refundable membership fee of $5.00.
North Main Credit Union offers the utmost in security to our members. Accounts
are insured up to $250,000 through the National Credit Union
Administration (NCUA), a U. S. government agency.