Great Lakes Federal Credit Union and its members have enjoyed rich longevity in the Great Lakes Bay Region. Our story began in 1936, with the introduction of Wolverine Knitting Mills Federal Credit Union and includes mergers with the former Industrial Brownhoist Employees Federal Credit Union, Bay Medical Credit Union, and Birch Run Area Credit Union.
Today, Great Lakes Federal Credit Union serves more than 150 employer groups in diverse fields and our membership benefits are open to individuals and/or their family members who live, work, or worship in Bay, Gladwin, Midland, Tuscola Counties, or the townships of Birch Run & Taymouth in Saginaw County.
HISTORICAL TIMELINE OF GREAT LAKES FEDERAL CREDIT UNION
September 30, 1936 Wolverine Knitting Mills Federal Credit Union
March 21, 1953 Bay City Shovels Federal Credit Union
March, 1953 Industrial Brownhoist Employees Federal Credit Union
July 1954 DeFoe Employees Federal Credit Union
January 2, 1956 Valley Welding – Calcinator Employees Federal Credit Union
August 1961 Bay Osteopathic Hospital Credit Union
June 25, 1963 Bay City Mercy Hospital Credit Union
August 31, 1965 Name Change: Industrial Brownhoist Federal Credit Union to I.B. Credit Union
February 18, 1969 Name Change: Bay City Mercy Hospital Credit Union to Bay Medical Credit Union
March 1, 1969 MERGER: Bay Osteopathic Hospital Credit Union with Bay Medical Credit Union
April 1, 1971 MERGER: Bay City Shovels with Industrial Brownhoist
July 1, 1972 MERGER: Samaritan Hospital, General Hospital with Bay Medical
March 13, 1975 Name Change: I.B. Credit Union to Industrial Business Credit Union
April 1, 1977 MERGER: DeFoe Employees Federal Credit Union with Bay Medical Credit Union
October 1, 1981 MERGER: Wolverine Knitting Mills with Industrial Business Credit Union
June 1, 1983 MERGER: Valley Calcinator Employees Federal Credit Union with Industrial Business Credit Union
September 17, 1985 Name Change: Bay Medical Credit Union to Healthcare Family Credit Union
May 19, 1986 Birch Run Area Credit Union
April 1, 1988 MERGER: Industrial Business Credit Union with Healthcare Family Credit Union
April 12, 1994 Name Change: Healthcare Family Credit Union to Credit Union Plus
November 1, 2002 MERGER: Birch Run Area Credit Union with Credit Union Plus
July 10, 2017 Name Change: Great Lakes Federal Credit Union