St. Jean’s Credit Union Celebrates 115 Years of “People Helping People”
St. Jean’s Credit Union, Massachusetts’ first state-chartered credit union, is proud to announce its 115th anniversary. Since its founding in 1910, St. Jean’s has upheld the credit union philosophy of “people helping people,” growing from its humble origins in a Lynn parish to serving nearly 19,000 members across Essex, Middlesex, and Suffolk counties.
“For 115 years, our commitment to our members and the communities we serve has been the cornerstone of our mission,” said C. David Surface, President and CEO of St. Jean’s Credit Union. “This milestone is a testament to the trust our members have placed in us and the dedication of our employees, whose passion for service has built this institution. Mr. Surface also recognized the vision and dedication of both past and present members of the Board of Directors, whose leadership has guided the credit union through more than a century of growth and change.
Founded with an initial deposit of just $5.00 by Oscar Simard of Lynn, MA, St. Jean’s Credit Union has adapted to significant changes and overcome challenges throughout its history, including the Great Depression and multiple economic recessions. The credit union has embraced innovation to better serve its membership while remaining true to its core values of integrity and community investment. As of today, total assets stand at $380 million dollars.
St. Jean’s Credit Union has also played an integral role in strengthening communities through its Charitable Foundation, supporting education, financial literacy, and nonprofits. Since its inception, the foundation has donated over $263,000 to local organizations and awarded scholarships to aspiring students, reaffirming St. Jean’s dedication to fostering opportunities for growth and success.
As it celebrates this major milestone, St. Jean’s Credit Union looks forward to continuing its legacy of financial empowerment and community support for many years to come.