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APGFCU CELEBRATES 70TH ANNIVERSARY; RELECTS ON PAST AND FOCUSES ON FUTURE

(Aberdeen, February 11, 2008) —

Aberdeen Proving Ground Federal Credit Union [APGFCU], the largest federal credit union in Harford County, and fourth-largest in Maryland, celebrates 70 years of continued growth, prosperity, and service to its members and communities.

Overseen by a volunteer, member-elected Board of Directors, APGFCU’s growth is attributed to one primary philosophy: “People Helping People.”  David Gilbert, current Chairman of APGFCU’s Board of Directors, and a volunteer for 38 years, has been instrumental in the credit union expansion while providing his vision and leadership.  Don Lewis, employee for 26 years and President/CEO for 13 years, has been a driving force in APGFCU’s active community involvement, and a visionary, continually guiding APGFCU into new areas of opportunity.

APGFCU’s roots go back to 1938 when a small group of volunteers was inspired to improve the financial well-being of the military families at Aberdeen Proving Ground [APG]. They saw the need to provide a safe haven for soldiers to grow their savings and a source of credit that was both available and affordable.

These volunteers began business out of a single cash drawer in a small office at APG. Over the years, APGFCU has grown into a $660 million, not-for-profit financial service cooperative, with eight branches.  With nearly 80,000 members across the Harford and Cecil County communities, APGCFCU continues to operate solely for its members’ benefit.  

Asked about APGFCU’s 70th Anniversary, Mr. Lewis commented, “APGFCU has a distinguished history of serving our members and communities.  We work to build wealth for our member families and empower them to achieve and maintain their financial independence. As we are able to help each family improve its social and economic condition, the whole community begins to experience the benefit of that same financial confidence. If one was to capture the essence of APGFCU in just a few words, it would be “people helping people”. I am proud of APGFCU’s grand heritage, our strong, diverse team of employees, and of the services we deliver every day – one family at a time.”

APGFCU attributes its success to its long-term, loyal members, talented employees, and dedicated volunteers.  Financial literacy education, wealth management counseling, special events, and a wide range of informative seminars are the cornerstones that have allowed APGFCU to thrive in its first 70 years and will continue to form the foundation for its future and bring long-term value to its members and communities.       

APGFCU has eight branches in Aberdeen, Abingdon, Amyclae, Bel Air, Edgewood, Elkton, Havre DeGrace, and Laurel Bush, with a ninth branch in Forest Hill scheduled to open in the summer of 2008.  Call 1-800-225-2555, or visit www.APGFCU.com, for more information.