It was during the time of April 1956 when Sharon Credit Union received its charter to operate from the former Commonwealth Secretary Edward J Cronin. Sharon Credit Union was founded for the purpose of investing and accumulating savings of its members and providing them with loans.

The History of Sharon Credit Union

In May 1956, Sharon Credit Union was located in the bakery of Max Lubin at 360 South Main Street. The Sharon Credit Union was open for two hours in a week with a volunteer help and was originally open to all residents of Sharon but shortly thereafter it expanded to include all neighboring communities.

On December 4, 1983 Sharon Credit Union relocated from its 10 Billings Street office to the present branch location at 42 Pond Street.

In November, 2000, James L. Carlson was elected as the president of Sharon Credit Union. After over forty years in service, the assets of Sharon Credit Union exceeded the $100,000,000 US dollar mark.

In a period of six years, Sharon Credit Union was able to double its asset to $200,000,000 US dollars. Soon after, Sharon Credit Union offered business accounts and services to its members.

Sharon Credit Union – 2000 And Onwards

In July 2008, Sharon Credit Union merged with NAFCU or North Attleboro Federal Credit Union and the office in Attleboro became the fourth branch office of Sharon Credit Union.

Sharon Credit Union is the first credit union in the United States to offer Virtual Item Processing to its members. Through the use of Sharon CU VIP Deposit Service, members may electronically send and scan check deposits to their accounts from their home or office to the credit union.

In February 2009 Sharon Credit Union introduced its brand identity featuring a redesigned logo. The new logo reinforces the reputation and name of Sharon Credit Union while establishing a contemporary look: one that is consistent with Sharon’s vision.

And in January 2010, Sharon Credit Union launched its new website featuring a focus on usability and clean look. For Sharon CU’s current members, the Internet banking arm, Online Teller, also features new innovations. Members of Sharon Credit Union can transfer funds to other financial organizations. Additional features include FinanceWorkTM, personal financial management software, which enables members to manage their financial accounts from one place, track different spending patterns and identify and monitor financial objectives.

Other important services that Sharon Credit Union offers members is electronic bill payment and online deposit checks from the office or at home.