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Cumorah Credit Union was organized on October 10, 1965 to serve the financial needs of members of the Church of Jesus Christ of Latter Day Saints residing in the Paradise and East Stakes. Thomas L. Adams was the first President of the credit union.

Thirty people attended the first annual meeting.

The credit union changed locations several times during the first few years and for a time in 1970 was actually ran from the manager's personal residence. In 1970, the credit union began its real estate loan program which today is one of our most valued services. In 1972, the credit union reached it first of many milestones - $1 million in assets.

In 1974, the credit union purchased the land on which the main office is now located at 3990 S. Eastern Avenue. The building in which the credit union is now housed was built in 1990.

In March of 1979, the credit union applied for and received a state charter from the state of Nevada which remains in effect today. Because of our state charter, the credit union is able to offer private deposit insurance. Today, credit union deposits are insured by American Share Insurance up to $250,000 per account.

In 1985, the credit union was able to add the Green Valley area stakes to its field of membership and in 1993, the stakes from the West side of town were added to our field of membership.

Our first branch office opened on May 9, 1994 at Rainbow and Oakey to serve the many new members eligible for membership. The branch was located in a strip mall. Today, this branch is located at 7650 West Sahara and includes ATM's and a drive thru area.

Our second branch opened on October 7, 1995 at 1905 Green Valley Parkway to meet increasing member demands in the ever growing Green Valley area.

Today, Cumorah Credit Union has five branch locations and serves over 12,000 members.

 


 

 

 

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