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About Us

 Our Credit Union Mission Statement

The Family Credit Union provides innovative financial products and services to encourage the lifelong success of our members.

How We Became Us

The credit union was originally founded in 1935 as the Kohrs Credit Union.  Shortly thereafter the name changed to Oscar Mayer Credit Union after the Oscar Mayer Company purchased Kohrs. It was originally located inside of the Rockingham Road plant, in Davenport, IA.

Membership Eligibility Map

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Community

“People Helping People” …Philosophy of Credit Unions

The Family Credit Union is committed to supporting our community. These are the organizations that The Family Credit Union staff has raised funds for or have volunteered for

  • Amenity Hospice
  • American Cancer Society
  • Autism Society
  • Chamber of Commerce’s
  • Children’s Miracle Network
  • Christian Women’s Center
  • Colona School
  • Davenport Fillmore elementary school
  • Davenport Hayes elementary school
  • Davenport Relay for Life
  • Downtown Partnership
  • Family Resources
  • Friends of Credit IslandRead Our Monthly Newsletter (1)
  • Friends of Vander Veer
  • Hand-in-Hand
  • Humane Society
  • John Lewis Community Services
  • Junior Achievement
  • Knight of Columbus
  • Living Lands & Waters
  • Lydia Home
  • Money Smart Iowa
  • Muscatine Great River Days
  • Muscatine Jr Diabetes
  • Muscatine Kash for Kritters
  • Muscatine Y
  • Newspaper In Education Program
  • Patriot Guard
  • Perry Food Pantry
  • Perry HUP
  • Perry Relay for Life
  • QC Dollarwise
  • RAGBRAI
  • River Music Experience
  • Seabee Veterans of America
  • Silvis Bowlesburg School
  • The City of Bettendorf Parks
  • The Family Museum
  • The Friendly House
  • United Way
  • West Liberty Children’s Festival

Administrative Staff

  • Dave Hulsbrink – President/CEO
  • Mike Matthys – Vice President of Lending
  • Beth Scott – Vice President of Accounting
  • Kris Skiles – Vice President of Marketing
  • Jeri Poell – Vice President of Office Operations

Human Resources

  • Jean Ruefer

Board Members

  • William Buckley – Chairman
  • William Macdougall – Vice Chair
  • Ronald Diekmann – Chief Financial Officer
  • Bryan Zarn – Secretary
  • Lori Walker – Credit Committee
  • David Nichols – Audit Committee
  • Paul Fredenburg – Audit Committee
  • Steven Turner – Credit Committee
  • Diane Lange – Audit Committee
  • Jim Bickford – Audit Committee
  • Steve Horan – Audit Committee
  • Dave Hulsbrink – President

Financials

View latest financial statement

How the Credit Union Has Progressed

1935 – 60’s | 70’s | 80’s | 2000’s

1935 – 60’s

  • Two employees began in an office housed under the stairs at OM
  • Grover Miller was the manager from 1950’s to 1970’s. The Rockingham plant office had 600′ of space, and only offered Savings, Loans, and Christmas Club
  • Perry branch was established in 1963 in the Perry Oscar Mayer plant

70’s

  • Ray Laures was President from 1970’s to 1999
  • In 1976, Share Draft accounts were offered
  • The “Kirby Kangaroo Club” was developed. It is an existing club for kids up to age 12. Eventually, it was marketed by Iowa Credit Union League and is now run by the New Mexico Credit Union League
  • 1977 – The current Rockingham office was built at 1400 Rockingham Road which enabled us to serve the OM employee family members

80’s

  • 1980 – Went to a “Community Charter” credit union – the first CU in Iowa to do so
  • 1982 – Name change to “The Family Credit Union”
  • 1984 – Perry office moved to its current location
  • A Sherman, TX branch was opened as a part of Oscar Mayer
  • 1985 – Merged with Bettendorf Community Credit Union, Blackhawk Foundry, and Brammer credit unions

2000’s

  • 2000 – Sandra Sheffey comes on as President/CEO
  • 2002 – Northwest Davenport office was built
  • 2002 – Merged with the Alliance Credit Union
  • 2006 – Opened new branch office in Muscatine
  • Spring of 2008 – Re-located Bettendorf office – new construction
  • August 2008 – Merged with the Davenport Fire Department Credit Union
  • November 2008 – Opened the seventh branch office and first in Illinois – Silvis
  • March 2010 – Achieved $100 million in assets
  • October 2010 – Remodel of Jersey Ridge branch complete
  • September 2011 – Remodel of Rockingham Road branch
  • January 1, 2013 – Merger completed with the Great River Road Credit Union, Buffalo
  • March 1, 2013 – Merger completed with the Von Maur Employees Credit Union, Davenport
  • November 4, 2013 – The first TFCU teller-less branch opens
  • February 4, 2014 – Cargill Beardstown, IL satellite branch opens
  • August 2015 – Tyson Fresh Foods Columbus Junction satellite branch opens
  • October 2015 – Dave Hulsbrink takes over the President/CEO seat for retired Mrs. Sheffey
  • February 2016 – New Rewards Credit Card program launched
  • November 2016 – New website launched
  • April 2017 – Buzz Points Debit Rewards program kick off