The first meeting of the incorporators for the Bristol Municipal Employees Federal Credit Union was held on February 16th, 1959, at 4: 30 P.M., for the purposes of electing a Credit Committee, Board of Directors, a Supervisory Committee, and for the transaction of other such business. The following were appointed to the First Board of Directors. August Hein, Timothy H. Donavan, Celia T. Critchley, and John Miller. Membership totaled 48. Assets were a mere $ 86.82. Five loans were boldly granted for $ 575.00 in the month of April, 1959. In December of 1963, we grew to 288 members. Assets were $ 121, 000.00 and Loans totaled $ 87, 714.08.
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