History in a timeline format for Newrizons 1965 Our Start In June of 1965, 10 Lambs-Grays Harbor employees started Lambs Grays Harbor Federal Credit Union. The employees wanted a savings club and a way to get weekly draws outside of using the company’s accounting group. The company saw the credit union as an employee benefit for the employees and their immediate families. For the first decade, the credit union existed within a briefcase full of records and a checkbook kept by Alice, the head of the Steno Pool. It wasn’t until nearly 15 years later the credit union was big enough to hire its first paid employee and CEO Terry Fultz. 1986 We’re Building The credit union built its own building on the parking lot of the Lambs Gray Harbor Company. 2001 New Direction It was a busy year. Newrizons Federal Credit Union changed its name from Lambs-Grays Harbor Federal when the company went out of business and closed its doors. The name Newrizons was chosen because it held a new beginning, a new direction, and a new charter as a community-chartered credit union offering membership to anyone who lives, works, or goes to school in Grays Harbor County or is an immediate family member of a current Newrizons member in good standing. Early 2000’s Community and Mission Building In 2002, Newrizons Federal Credit Union qualified as an NCUA low-income designated credit union. In 2004, Newrizons became a US Treasury-certified Community Development Financial Institution. Over Newrizons 50+ year history, our commitment to helping our members and our community become stronger financially remains the mission. Newrizons is financially strong, growing, and forever staying true to our founders’ original passion for their community. • Newrizons Federal Credit Union keeps it simple: o Simple and safe to save and manage your money. o To get a loan for something that’s important to you. o To provide small-town friendly service that goes above and beyond, while also striving towards innovation. Giving members all the modern benefits associated with larger financial institutions, while providing that special trust and the kind of support that only someone who really knows you is able to do!
