About Us

Our Credit Union Mission Statement

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

Membership Eligibility Map

View Membership Eligibility Map

The Family Credit Union: Our Story

Originally founded in 1935 as Kohrs Credit Union, the name soon changed to Oscar Mayer Credit Union after the Oscar Mayer Company acquired Kohrs. The credit union operated out of the Rockingham Road plant in Davenport, IA, where two employees worked under an office under a stairwell to serve fellow plant workers.

As membership grew, so did our reach. A second location opened in the Perry Oscar Mayer plant, and in the 1970s we launched the Kirby Kangaroo Club for kids. We opened a new branch at the current Rockingham Road facility to serve employee families and our entire community. Leaders like Grover Miller and Ray Laures helped lay the foundation for a member-first culture.

The 1980s marked a major shift as we became the first credit union in Iowa to adopt a community charter. We officially became The Family Credit Union and expanded through new branches and mergers—including one that took us as far as Sherman, Texas.

In the 2000s, we built new locations in Muscatine, Bettendorf, and Northwest Davenport, while welcoming more members through strategic mergers. Under the leadership of Sandra Sheffey and later Dave Hulsbrink, we reached major milestones—like topping $100 million in assets and opening our first Illinois branch in Silvis.

The momentum continued with a teller-less branch, a refreshed website, and even more community expansion. By 2020, we surpassed $200 million in assets. In 2023, we added a branch in Omaha and merged with the Davenport Police Credit Union.

Today, under the leadership of President/CEO Mike Brandt, we remain focused on what matters most: people helping people—and always putting family first.

Board Members

  • Mike Brandt- Chief Executive Officer
  • William Buckley – Chairman
  • Ronald Diekmann – Treasurer
  • Randy Olsen – Audit Committee
  • Paul Fredenburg – Audit Committee
  • Steven Turner – Credit Committee
  • Diane Lange – Audit Committee
  • Jim Bickford – Audit Committee
  • Steve Horan – Audit Committee
  • Kenia Alarcon – Credit Committee
  • Don Schnauber – Credit Committee

Community

“People Helping People”… Philosophy of Credit Unions

The Family Credit Union is committed to supporting our community. The Family Credit Union gives over $50,000 annually for donations, sponsorships, or employee volunteer time to organizations such as these

  • Chamber of Commerce
  • Children’s Miracle Network
  • Davenport and Bettendorf elementary school programs
  • Downtown Partnership
  • Humane Society
  • Kings Harvest No Kill Shelter
  • Junior Achievement
  • Scott Community College Foundation
  • City of Muscatine Amphitheatre Project
  • Perry Food Pantry
  • The City of Moline Parks and Recreation
  • The Family Museum
  • Putnam Museum
  • QC Botanical Center
  • United Way
  • Veteran’s Car Club of the QC
  • Habitat for Humanity
  • Mississippi Valley Blues Festival
  • IA Credit Union League Foundation
  • Beardstown Soccer Club
  • Bettendorf Business Network
  • Quad City, Beardstown, Muscatine & Perry Chambers