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How did Community Plus Federal Credit Union get started?

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How did Community Plus Federal Credit Union get started?

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On August 9, 1943 twelve civil service employees of Chanute Field met in the Civilian Personnel Office. They selected 9 of those present to the newly formed Board of Directors. By the end of the next month there were 47 members and assets totaled $580! At the end of World War II assets were up to $3,290. Peace did not bring an end to the air base. During the Cold War, Korea, and Vietnam War civilian employment remained high at Chanute. The credit union grew. In the early 1980s an early base closure scare prompted the members to open up the credit union to the surrounding area and it became Rantoul-Chanute Community Credit Union. To emphasize its service to a larger area the name was changed to Credit Union Plus. However, many people did not realize that we were a community credit union. When we converted to a federal charter it was necessary to have the words “Federal Credit Union” at the end of our name, so we took the best of the last two names and became Community Plus Federal Credi

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