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The Similar Beginnings of The Green Bay Packers and The Credit Union Movement

The similarities are remarkable. The first credit union started in 1909 with an initial deposit of 10 cents. The Green Bay Packers started in 1919 with a $500 loan from the Indian Packing company for uniforms and equipment. Both had two co-founders: Curly Lambeau and George Whitney Calhoun for the Packers, Edward Filene and Roy Bergengren for The Credit Union Movement. It was a monumental year in 1921 for each organization with the Packers joining the NFL and the formation of the Credit Union National Extension Bureau, creating laws for credit unions to form in all states. Read More…

PCMCU’s Story

Paper Converting Machine Company Credit Union’s original bylaws were approved on May 7, 1958. The founding members of PCMC Credit Union consisted of 7 individuals who shared an identifiable common bond, that of employment with Paper Converting Machine Company. Although PCM Credit Union remains to be a closed charter – SEG based credit union, it has grown substantially and serves the employees of several surrounding companies, along with family of these employees and members. Although PCMCU has moved locations three times in the past 60 years, the credit union has always called Willard Drive home with our main office located at 601 Willard Drive. Read More…

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