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SJB Federal Credit Union

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SJB Federal Credit Union

Mission statement:

At SJB Federal Credit Union, we strive to provide an innovative and complete range of consumer financial products to meet the changing needs of our members. We provided unmatched personal service, through a knowledgeable and committed staff in an empowered continuous learning environment. We are committed to bringing our members the latest in banking technology while providing service that exceeds the expectations of our members.
SJB Federal Credit Union, is a community chartered, community based member owned and democratically operated full service financial institution, federally insured by NCUA. Membership is available to all persons who reside, are employed or attend school in Fall River, Somerset, Swansea, Freetown, Westport, Tiverton or Little Compton.

Vision:

To maintain and grow our marketshare through the planned expansion of our service area, a total team commitment to member satisfaction, and continued introduction of programs and service to better serve our members.

History:

In 1940, this credit union was formed with the foresight of thirty-three charter members who purchased initial shares and signed the original charter of our credit union.

From a simple beginning, operating out of a variety store, the credit union could only offer basic share deposit accounts and simple consumer loans. Today we offer all varieties of both savings and loan products and operate out of a beautiful building diagonally across from where we first started.
Since 1940 there have been many changes in the way credit unions can operate. Regulations have increased and have been more complicated. Our Board of Directors, with our employees, have made these transitions without any adverse effects on our members. In most cases these changes have made the credit union stronger and more consumer friendly.
Each year brings forth new challenges and changes. Our Board of Directors will continue to monitor these changes and attempt to bring to you the best service possible. We will also continue to offer a wide variety of everyday services to our members.

Originally, SJB Federal Credit Union membership was limited to members of St. Jean the Baptiste Parish, but that changed in 1969 when the field of membership changed to a community charter. In 1996, the credit union changed its name from St. Jean Baptiste Federal Credit Union to SJB Federal Credit Union to reflect our ever expanding membership and communities we service.

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