Highlights & Milestones

1968    Chartered; CU operates out of the back of a car in the Mack parking lot, then later in the vestibule of the union hall, staffed by volunteers

1969    1230 members and $260,000 in assets by the end of the first year

1970    First office opens at Oak Hill Avenue; first paid staff hired

1975    Loan policy expanded to include any titled vehicle

1977    Office moves to Pennsylvania Avenue; $4.3 million assets; 3600 members

1980    Money orders

1981    Top Dog, Share Drafts, Travelers Checks

1982    Field of Membership (FOM) expansion; Office moves to 580 Northern Avenue; second mortgages; Eliteline overdraft protection

1983    First mortgages

1984    Home equity loans; safe deposit boxes; renovations move loan department upstairs and create drive-ups

1985    Savings bond redemption; variable rate loans; fixed rate mortgages

1986    Visa credit cards; ATM cards; K-9 Line audio teller; par value goes from $5 to $25

1987    York Road branch opened

1988    FOM includes 54 sponsor groups; $31 million assets; 10,000 members

1989    Share drafts clear through BFCU

1991    Junior Connection Club

1993    Bulldog Benefit Club

1995    Variable rate share structure

1997    Teller Cash Dispensers (TCDs), extra drive-up lanes and ATMs added at both branches; Visa debit cards; Christmas Club checks cease

1998    K-9 line goes toll-free

1999    BFCU deemed Y2K compliant; fixed rate home equities; Dual Highway branch opened

2000    website launched; HELOC checks; Internet banking and bill pay

2001    COMMUNITY CHARTER; PC loans; unimproved land loans; e-statements

2002    Centre at Hagerstown branch and Smithsburg AC&T branch opens

2003    Sharpsburg Pike branch opens; Dual Highway branch moves to current location; assets top $100 million;

2004    Jamie Gearhart becomes first employee to reach 25-year anniversary

2008    Waynesboro AC&T branch opens; tiered money market accounts

2010    Mobile Banking; assets $106 million; members 23,148

2011    Waynesboro branch closes

2012:   mobile app; business banking

2013:   Skip-a-payment; GreenPath

2014:   Smithsburg branch moves to current location; Homewood branch opens; new digital banking products: SmartDOG, PUP, uOpen; Mastercard debit cards

2015:   George Gildersleeve retires from board of directors after 30+ years; instant-issue debit cards

2016:   free cell phone insurance; chip debit cards

2017:   scholarships doubled to $1000 each; Dual Highway branch wins Herald-Mail #1 bank branch award

2018:   Business Internet Banking; Indirect Lending; BFCU CELEBRATES 50 YEARS!­­