About Us | History

history

1963

  • Western Kentucky State College Credit Union, Inc. chartered with $580.00.
  • Product offerings included share accounts and loans.

december 31, 1975

Assets: $214,067.91

1969 - 1975

  • Minutes show name as Western Kentucky University Credit Union, Inc.
  • Credit Union moved from Grise Hall to Faculty House. First phone line installed.
  • Certificates and revolving lines of credit offered.
  • Joined the Kentucky Credit Union League.

december 31, 1980

Assets: $707,388.20

1976 - 1980

  • Valerie C. Brown hired in 1978 as Manager. Leah J. Eckley hired as part-time bookkeeper in 1979.
  • Product line expanded to include Holiday Club Accounts, Travelers’ Cheques, Money Orders and Share Drafts.

december 31, 1985

Assets: $9,895,125.34

1981 - 1985

  • Added IRA Accounts, ATM cards, Home Equity Loans, credit cards, E.A.S.Y. Accounts, and Young Savers Accounts.
  • Moved from WKU Faculty House to Garrett Conference Center. Opened branch on Scottsville Road.

december 31, 1990

Assets: $27,711,077.21

1986 - 1990

  • Built branch on Campbell Lane, 1987.
  • Established a branch location in Glasgow, 1989.
  • Offered Top-of-the-Class Club for members age 50 and over.

december 31, 1995

Assets: $41,657,594.38

1991 - 1995

  • Introduced Home Improvement Loan Program, Phone-A-Loan, Visa® Gold Program, One Call Audio Response and Risk-Priced Lending.
  • Changed name to Service One Credit Union in June, 1992.

december 31, 2003

Assets: $73,709,830

1996 - 2003

  • Established “One Stop” Auto Indirect Lending Program.
  • Launched website. Joined Alliance One ATM Network
  • Opened fourth branch on the ByPass in 1999.
  • Established a WKU scholarship endowment for members in 2001.

december 31, 2010

Assets: $98,851,818

2004 - 2010

  • Opened new Campus Branch on College Heights in 2005.
  • Implemented the Overdraft Privilege Program.
  • Added Bill Pay and electronic statement delivery.
  • Completed the Campbell Lane “Green Addition” in 2009.

december 31, 2012

Assets: $116,632,846

2011 - present

  • Introduced Shared Branching in 2012.
  • Added ATMs in Russellville and Tompkinsville
  • Celebrated 50th Anniversary in 2013.
  • Launched Mobile Banking
  • Introduced SOCU Tracker Money Management Tool