Our
History
In early
1958, a small group of teachers, under the leadership of Jack
Dutton, met one evening at Midview High School in Grafton, Ohio to
discuss the possibility of forming a credit union. Not all were
enthusiastic. One, John Bartter, was rather hesitant to this new
concept. Little did he know then that this meeting would lead to a
39-year career.
The organization, first known as
the Midview Credit Union, received its charter, No. 841, on February
21, 1958. At an organizational meeting on March 6, 1958, each of
those in attendance was asked to contribute enough money to pay the
fee for the charter. Mr. Bartter just happened to have the total
amount ($20) with him. His colleagues remarked jokingly anyone who
had that much money the day before payday should be elected
treasurer.
Thus, Bartter became the first
treasurer; he later became a director, then president and chief
executive officer. Other officers elected that evening were Jack
Dutton, president, Stanley Dawley, vice president, Martha Rae Pace,
secretary, and Dorothy Sprague, Isom Elrod, and Richard Haskings as
board members. Other initial committee members included Ernest Enola
and Henry Smith.
Foreseeing a need for a credit
union to serve the county, the committee applied to expand, after
only seven months. On September 26, 1958 the credit union received
approval to open its membership to other Lorain County schools. The
name was then changed to School Employees Lorain County Credit
Union, Inc. (SELCCU).