St. Jean’s Credit Union Celebrates 110 Years of Service to Members and the Community
St. Jean’s Credit Union, Massachusetts’ First Credit Union, recently celebrated their 110th anniversary. St. Jean’s is a state chartered, member-owned financial institution serving its members since 1910.
Originally located and operated out of the St. Jean’s Parish on Franklin Street in Lynn, MA, La Caisse Populaire St. Jean received its charter on September 29, 1910 with a $5.00 deposit made by Oscar Simard of Lynn, who became the first member. Today, St. Jean’s Credit Union is headquartered at 250 Maple Street, Lynn servicing more than 18,000 members and assets of $290 million.
St. Jean’s has persevered through many changes over the years including the Great Depression, World War II, and the current pandemic emergency being faced today. St. Jean’s Credit Union has 5 branches stretching along the Massachusetts seacoast from Revere to Newburyport, operating on the premise of people helping people. The goals remain true to the mission of their founders; to help one person at a time achieve their financial goals.
St. Jean’s is committed to providing top notch products and services that meet the needs of their membership by offering interest bearing accounts, online and mobile banking, business accounts, an array of loan products and many services that come with being a member of St. Jean’s Credit Union. St. Jean’s continues to help members reach their dream of home ownership, while also providing the tools needed to guide them through the process. St. Jean’s has provided over $100 million in residential loans to members in the communities they serve.
“Throughout our 110 year journey, St. Jean’s remains a financial institution that maintains a commitment to our employees, our members, and pride for our communities,” said President and CEO C. David Surface. St. Jean’s Credit Union has been serving the needs of members for over 100 years.