Fifty years ago, on the campus of Eastern Mennonite College, now Eastern Mennonite University, eight individuals deposited $5 each into savings accounts, and with $40 our credit union was born! The credit union was formed to provide an organization through which employees would establish a savings program, and these savings would be available for other employees to borrow. Thus, one member's savings became another member's loan. All staff and board members were volunteers. An individual's character and integrity were the basis for evaluating loans. Since then, Park View has grown into a full-service financial institution with 10,632 members, 5 branches, 73 employees and $180 million in assets.
In 1984 membership expanded to include Mennonite churches in Harrisonburg and Rockingham County, Virginia, to enable members to channel funds to assist one another in the areas of mutual aid and financial concern. By 2002, Park View had grown to include numerous partner organizations, including Brethren churches. Financial services were added to meet members' needs and expectations, resulting in a one-stop financial resource that provided savings, loans, investments and insurance.
In 1969, it would have been beyond our founders’ wildest dreams to imagine that this little credit union would become the thriving and successful organization it is today. But today, Park View is a thriving and vibrant member-centered, full-service credit union: it is structured as a not-for-profit cooperative, governed by a volunteer board and managed by professional staff. It is a values-based organization striving to live out its legacy of people helping people, by continuing to be Neighbors Serving Neighbors ®.
Celebrate the major milestones with us as we look back on our last 50 years of Neighbors Serving Neighbors®.
50 Acts of Kindness
In honor of our 50th Anniversary, we are participating in 50 Acts of Kindness around the community throughout the year.
Learn more about our 50 Acts of Kindness here.