Hundreds of customers, friends, and neighbors crowded the new facility at 792 South 200 West. Officials state that the event was a great success of fun, games, prizes, and even a bit of education.
The credit union focus has always been in the service of the members. The goal was that the motto “Because we care” was certainly felt by all in attendance. The members and the community feel that caring nature in many aspects of daily life and it was well emphasized at this grand opening.
The credit union has been providing services to the area for 50 years. It was founded by teachers in the San Juan School District.
Initially started as little more than a simple savings and loan operated out of the members homes, San Juan Credit Union shows an impressive record of growth.
Since the humble beginnings of the business, the variety of services offered by San Juan Credit Union has grown over the years.
The business is owned by the members of the credit union. As a result, credit unions can generally pay a higher interest rate for savings accounts and a lower interest rate for loans.
In order to be of a member of San Juan Credit Union, you must live or work in San Juan County.
As result of the local focus of the membership the credit union is by definition very focused on the local growth of its members.
Rhea Laws, who helped operate the credit union for several years, mentioned a long line of county residents who were involved in the credit union over the years. The list includes Bill Roberts, Will Eubanks, Ray Alexander, Ken McDonald, Truman Rigby, Morris Swenson, Richard Guymon, Neldon Cochran and more.
The credit union had many homes over the years, including the corner of Main and Center Street in Blanding, several years in the Plaza behind the Minimart, the UNDC building on Center Street and 1st East, and the school district headquarters.
In each case, the credit union outgrew the facility.
For 15 years, the credit union was the anchor tenant in an office building on South Main St. in Blanding.
Even then they outgrew the facility, leading to the construction of the beautiful new headquarters. In addition to the Blanding headquarters, San Juan Credit Union operates an office in Monticello at 132 South Main Street. Hours are 9 a.m. to 3 p.m.
The credit union moved into its new headquarters several months ago and has been waiting for the right time to have a gala open house.