It all began with just $65!
In 1963, James John Benson, an assistant chief air traffic controller at the FAA William J. Hughes Technical Center, founded what is now known as the Jersey Shore Federal Credit Union. Benson wrote a letter to the New Jersey Credit Union League in 1962 noting that potentially 90 employees were interested in starting a credit union. Because 90 was short of the number needed to start a credit union, the League office simply held the letter on file.
One year later, John Kiterling, a League representative, reviewed the letter. Kiterling contacted Jim and discovered that the membership potential had increased to 200, enough to warrant organizing a credit union. Benson and Kiterling eventually met, and with just $25 for the charter and $40 for supplies, the credit union finally got off the ground.
The Certificate of Organization for the FAA Pomona Federal Credit Union was signed on March 1, 1963. Benson contributed many years of tireless service as president of the board of directors.
The credit union went through several name changes over the years. On May 1, 2005, it was officially named Jersey Shore Federal Credit Union to better reflect the more than 200 area businesses and organizations we had grown to serve in the Jersey Shore area. Then, on September 26, 2005, our charter was modified, allowing us to provide complete financial services to anyone who lives, works, worships, volunteers or attends school in Atlantic and Cape May counties. Today, with over $100 million in assets, Jersey Shore Federal Credit Union proudly helps over 12,000 members meet their financial goals.
We were built on the "People Helping People" philosophy and that remains true today. Our mission is to provide quality services to meet the financial needs of our members. We are committed to serving our members' needs both today and in the future.