The Attleboro Municipal Employees Federal Credit Union provides low-cost financial services to the employees and their families of the municipalities of Attleboro, North Attleboro, and Rehoboth; the Robbins Company; Marathon Company; the Attleboro District Court; the Attleboro Postal Service; the Attleboro Chamber of Commerce; the local United Way; BICO Collaborative and Tri-County Regional School District.

The Credit Union is owned by its member depositors and borrowers and governed by a Board of Directors elected from among the membership. Although a not-for-profit financial co-operative institution, the Credit Union enjoys a strong 13.73% capital-to-assets ratio.

The Credit Union is regulated by the National Credit Union Administration, an independent supervisory agency of the federal government. The members' share deposits are insured by the National Credit Union Share Insurance Fund.

As a member owned, not-for-profit, financial cooperative, the Attleboro Municipal Employees Federal Credit Union's mission statement is:

• To improve the financial security of members and their families.
• To be the principal supplier of financial services to our members.
• To maintain a sound, conservative financial posture.

In June 1963, a small group of city employees met in an upstairs room of the South Main Street Fire Station (now the Attleboro Council on Aging) to discuss forming a credit union to provide a convenient means of saving and also to provide members with low interest loans. These interested persons brought the idea to the city council for approval to allow the City Treasurer, Edward Healy, to withhold payroll deductions. The City officials were reluctant for fear of financial costs, but were reassured; and on December 17, 1963, Attleboro city employees’ half-year-old proposal for adoption of a credit union was approved.

On January 12, 1964 the organization certification was approved and the official title was Attleboro Municipal Employees Federal Credit Union. Melvin M. Adams (Finberg School principal) was elected president and also chairman of the Board of Directors. Mr. Adams presided until 1967.

In March 1967, Sam Fine was elected president. There were now 261 members, and payroll deductions were finally authorized. President Sam Fine, a wonderful person, held monthly board meetings in his home. He held the office of president until he retired at the age of 85 in 1983.

Burdon (Buster) Blanchard, co-founder and a charter member of the credit union, was elected president in February 1983, and served us until 2006. Buster was a strong leader who encouraged belt-tightening to ensure that the credit union prospered and remained safe and secure.

Rudolph Bruneau was elected president in 2006 and served until 2008.

Our credit union now employs 4 full-time employees and one part-time employee. Our Manager is Tracy A. White.

Our Current Board of Directors:		Supervisory Committee:
Gary Billingkoff	President	Thomas O'Brien	Chairman
Brenda Todd	Vice President	Phyllis Lamay
Carol Cotoia	Treasurer	Stephen M. Shepard
Annette Fanning	Secretary
Sharon Spellman	Director
Elena Clarke	Director
Ronald Churchill	Director

Our building was originally constructed in 1800 and located in the center of town. The building was first moved in 1809 and then again to its present site in 1834.

Our building was first used as the Franklin School, a private institution built for the purpose of training youths in the “arts and sciences” of intellectual knowledge. It was also used as a military school, a girls’ school, and a public district schoolhouse. In the early 1900’s our building was used by various groups including the military and the civil defense , and by the WPA during the 1930’s. The building was then used as a church until 1975 when it was sold to Stebbings Associates.

In 2002 the building became the home of the Attleboro Municipal Employees Federal Credit Union.