Community Credit Union is a member-owned, not-for-profit financial cooperative. It was formed under a state charter by a group of ten teachers back in 1953 in Titusville, Florida and was originally known as the Brevard County Teacher's Credit Union. Eight of the ten teachers signed a Certificate of Organization, and each of them subscribed to one share in the Credit Union (a total of $40). The efforts of the original shareholders William E. Weeks; Howard B. Jones; J. V. Revels; L. R. Williams; B. Frank Brown; Thomas A. Backus; R. L. Gillispie; and George W. Maxwell, Jr. formed the beginning of what would eventually become Community Credit Union. Today, Community Credit Union serves all residents of Brevard, Orange, Osceola, Polk, Volusia and Indian River counties.
The cooperative was formed to encourage savings by offering a stronger return on the members' savings than they could find elsewhere. The Credit Union then used those savings to make loans to other members at competitively low interest rates. This is still the basic concept of our operation.
Community Credit Union has maintained its strong financial stability even during economic downturns. We strive for a high level of operational efficiency in order to provide the maximum return to members.
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