Celebrating 78 Years of Membership
Capital Credit Union was incorporated under the laws of the State of Wisconsin as Kimberly Credit Union on September 24, 1934. Kimberly Clark employees and their families were eligible for membership, and our office was located inside the Kimberly Clark Mill. During the first 20 years, our assets grew to $289,000 and membership reached 942. Seventy-seven years later, we’ve reached several milestones together, “making it happen” for our members and others in the communities we serve:
- 1964 – Our Assets had grown so dramatically that our Board of Directors decided to move into a new office building on Main St. in Kimberly.
- 1970 – A charter expansion was granted to include all persons employed or residing in Kimberly, Little Chute or Combined Locks.
- 1975 – In March, we moved into a new office on Prospect Street in Kimberly which served as our corporate office for many years.
- 1981 – Opened our second office on North Ave. in Little Chute.
- 1984 – Opened our third full-service office in Freedom.
- 1991 – Opened our fourth full-service location on Eisenhower Dr. in Kimberly – giving us two offices in that city.
- 1992 – Surpassed $100 million in assets in October this year. The Golden Opportunities Club (GOC) for seniors is introduced.
- 1994 – In January, our charter is expanded to encompass anyone who lives or works in Outagamie, Calumet or Winnebago counties.
- 1996 – In March this year, the Board of Directors passed a motion to change our name from Kimberly Credit Union to Capital Credit Union.
- 1997 – Opened our office in Greenville in January.
- 1998 – Surpassed $150 million in assets in August this year and opened our sixth office on Wisconsin Avenue in Appleton. Launched our web site at www.capitalcu.com.
- 2000 – Surpassed $200 million in assets in August and added online banking to our web site. Opened two grocery store branches in Larry’s Piggly Wiggly stores in Kaukauna and Little Chute.
- 2001 – Surpassed $250 million in assets. Opening of office in Oshkosh (Winnebago County) marked our first branch venture outside of Outagamie County. In October, we opened the first Heart of the Valley high school credit union inside Kimberly High School in cooperation with the Kimberly Area School District. Although closed to the public, this location allows students and faculty account access and gives us an opportunity to expand current financial education programs.
- 2002 - MEMBERS Financial Services Program was brought in as a means of providing personal financial management services for our growing membership. Expanded our Kimberly branch on Eisenhower Drive to include mortgage processing, marketing and training facilities for both employees and members.
- 2003 – Converted our core processing system. Staff spent hundreds of hours in training and preparation. Mortgage refinancing spiked as rates dipped to a 40-year low. Added more loan options: first mortgage, fixed rate programs and a true ARM program. Expanded our charter to include Brown County. Received a first place award in our asset category Des Jardins Youth Financial Education Award for our dedication to education.
- 2004 – Opened our office on Calumet Street in Appleton. Launched electronic statements (e-Statements. Named Best Financial Institution, Best Place to Work and Best Mortgage Lender in the Fox Valley by The Post-Crescent readers.
- 2005 – US Paper Mills Credit Union and Tri-City Transportation Credit Union in Neenah voted to merge with Capital. Land was purchased to build a Capital office in Neenah. Employees raised $1,500 to aid Hurricane Katrina victims, and funds were matched by Capital. Along with a $10,000 donation from Capital, the total donated topped $13,000 to help hurricane victims. Received first place awards for Dora Maxwell Social Responsibility Award and the Des Jardins Youth Financial Education Award. Named Best Financial Institution and Best Mortgage Lender in the Fox Valley by readers of The Post-Crescent.
- 2006 – Merger of Us Paper Mills and Tri-City Transportation Credit Unions with Capital adds 700 new Capital members. Opened new office in Neenah in January. Received Community Blood Center’s 2005 Gold Sponsor Award in the Small Business category.
- 2007 – Surpassed $295 million in assets. Received several awards this year: In March 2007, named as the winner of the 2006 Diamond Award by the Fox Cities Community Blood Center. Wisconsin’s First Lady Jessica Doyle presented Capital with the 2007 Governor’s Financial Literacy Award at an awards ceremony at the Executive Residence in Madison. This award recognizes excellence in promoting financial literacy among Wisconsin citizens. We were also named first place winner of the Louise Herring Award for Philosophy In Action for our asset category for our newly created CCU University, a comprehensive, ongoing employee training program, and were honored with the Rebuilding Together Fox Valley Founding Sponsor Award.
- 2008 – Surpassed $300 million in assets. Partnering with The Post-Crescent for the Do It! Campaign, Capital donated $5,000 in May to help kick off the Fox Cities Health Center Prescription Drug Program. In August, Capital’s “founder’s donation” of $100,000 over four years toward the opening of the Fox Cities Community Health Center Dental Clinic helped bring smiles to children and adults in need. Supporting our Active Duty Army Reservists and National Guard Troops, Capital established a Military Loan Program to help make most loan payments more affordable for service men and women while serving overseas.
- 2009 – Celebrated 75th Anniversary as a credit union. Capital Credit Union Charitable Giving Fund began, benefiting local non-profit organizations. Partnered with several other Fox Cities Chapter credit unions donating to The Post-Crescent Stock The Shelves campaign to benefit area food pantries. We were honored with six awards in 2009, including three first-place state level awards. Reached nearly $361 million in assets
- 2010 – Surpassed $393 million in assets. Teamed up with the Salvation Army-Fox Cities for the first annual Red Kettle Match Day Challenge, matching $25,000 during a dollar-for-dollar community kettle match, resulting in a combined total of nearly $59,000 raised in a single day. Especially so in a lean economy, financial literacy and education efforts in the communities we serve continued to be a focus for us this year. Working together with other area businesses, we took part in the Fox Cities Money Conference and remained an active Money Smart Week Partner, bringing nationally-known financial expert Susan Beacham to the Fox Cities, and expanding “The Big Read” for kids to include 17 locations in four counties. Capital’s own Money Smart Week “Kiddie Karnival” event for kids ages 12 and younger doubled in attendance this October, with more than 300 kids and adults learning about the basic principles of money management in a fun way.
- 2011 – Surpassed $417 million in assets. Relocated our Corporate Headquarters to 738 Ford St. in Kimberly. Honored with The Post-Crescent Small Business of the Year Award. Sponsored and helped bring the first-ever Fox Cities Regional Financial Challenge Bowl for high school students to Fox Valley Technical Center in March. Awarded first place for state level Dora Maxwell Award and second place for both the Louise Herring and Des Jardins Awards at the state level.