Who we are, what we do and why we do it.The Enfield Community Federal Credit Union was originally chartered on October 19, 1936, as the Bigelow-Sanford Employee’s Credit Union. The original field of membership consisted of the carpet mill’s employees. There were seven different department credit unions within the company. However in 1946, the seven credit unions were merged into one.
In 1971, when the Bigelow Sanford Carpet Mills moved south, the Credit Union was granted a community charter and an expanded field of membership. However, it was not until 1980 that our current charter was finally expanded to include anyone who lives or works in Enfield and their family members.
We are proud of our history and the ability to offer a wide variety of financial services that meets the evolving needs of our community.
Notice of Changes in Temporary NCUA Insurance Coverage for Transactions Accounts
All funds in a “noninterest-bearing transaction account” are insured in full by the National Credit Union Administration through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to members under the NCUA’s general share insurance rules. The term “noninterest-bearing transaction account” includes a traditional share draft account (or demand deposit account) on which the insured credit union pays no interest or dividend. It does not include any transaction account that may earn interest or dividends, a negotiable order of withdrawal (Now”) account, money market deposit account, and Interest on Lawyers Trust Account (“IOLTA”), even is share drafts may be drawn on the account. For more information about temporary NCUA insurance coverage of transaction accounts, visit www.ncua.gov.