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The History of The Credit Union

Credit unions have been providing cooperative financial services for more than 150 years. The credit union idea developed in Germany in the 1840’s and spread to North America at the beginning of this century. St. Mary’s Bank, the first credit union in the United States, was organized in 1908 in New Hampshire.

On February 4, 1934, approval was given to the following charter members to organize a credit union to be named K.C. Policemen’s Credit Union: Thomas J. Sullivan, Charles P. Humphrey, P.J. Neilson, T.J. Higgins, M.J. Kennedy, Robert J. Coffey, C.W. Shepard, John J. Regan, William M. Boyd and Roy O. Prather.

  • 1952 - Marie Brown (Ma Brown) was employed as Treasurer/Manager
  • 1960 - Credit Union reached $1 million in assets.
  • 1967 - Herman Davis retires after 22 years of service as president.
  • 1969 - Marie Brown retires after 17 years of service. Elizabeth Strecker becomes Treasurer/Manager.
  • 1981 - Norma Lamp becomes Treasurer/Manager. IRA and Deferred Compensation Plan offered to membership.
  • 1986 - Philip M. Weber joins the Credit Union as President/Manager.
  • 1987 - Visa card added to Credit Union services.
  • 1988 - Real estate lending program developed.
  • 1989 - Certificates of Deposit and Checking Programs launched.
  • 1990 - Name changed to K.C. Police Credit Union.
  • 1994 - Credit Union branch added in KCPD Headquarters Building.
  • 1995 - ATM card access offered.
  • 1997 - Credit Union has $63 million in assets and 19 employees.
  • 1998 - K.C. Police Credit Union joins the World Wide Web, at www.kcpcu.org.
  • 1999 - The credit union moved across the street to 2800 E 14th Street.
  • 2000 - Internet Banking and Bill Payment Service available.
  • 2001 - Field of Membership expanded to included all law enforcement in Missouri and Eastern Kansas.
  • 2004 - KCPCU celebrates its 70th anniversary by opening a new and larger facility in the KCPD Headquarters building at 1125 Locust.
  • 2005 - KCPCU adds Money Market accounts and Platinum Visa Cards to its list of services
  • 2006 - KCPCU opens its newest branch at the Northglen Shopping Center at 152 Highway and North Brighton.

KCPCU Management

Board of Directors

Name Title
Pat Grove Chairman
Mark D. Heimer Vice-Chair
Rich Lockhart Treasurer
Vince McInerney Secretary
Gregory P. Mills Director
Ryan Mills Director
John Mueller Director
Pete Richardson Director
Raymond D. Roberts Director

Supervisory Committee

Name Title
Cy Ritter Chairman
R. Scott Glaeser  
Wayne Stewart  

Credit Union Management

Name Title
Aaron Goff Vice President / CIO
Mike Haggerty Vice President / CFO
Mary Shea Vice President / COO
Joy Cherry Branch Manager
Lourie Fisher HR Manager
Paula Floyd Lending Manager
James Phillips Member Service Manager