Groton Municipal Employees Federal Credit Union is a forward-thinking and growing credit union built upon more than 56 years of commitment and service to our members and our community. We believe in supporting organizations and activities devoted to improving our members' communities and their quality of life.
As a not-for-profit financial cooperative, we are owned by our members – the people that save and borrow through us. When you become a Groton Municipal Employees FCU member, you become an owner in an organization that is democratically governed by a board of directors with oversight by an appointed Supervisory Committee. They are unpaid volunteers who represent the interests of their fellow members.
We are committed to providing the financial resources you need to better manage your money and make informed financial choices.
If you belong to one of the following groups you can take advantage of our great products and services today:
Employees and elected or appointed officials of the Town or City of Groton, Connecticut (Police, fire, school board, teachers, etc.).
Employees of VNASC (Visiting Nurse Association) who work in the Town or City of Groton, CT. Note: in 1996 the Groton Public Health Nursing Service, Inc. merged with Waterford Public Health Nursing Service, Shoreline and the Stonington Visiting Nurse Association to form the VNASC.
Employees of The Day Publishing Company who work in New London, CT
Employees of Cornerstone Bibles and Books, Groton CT
Employees of Tuthill Nursery, Groton CT
Employees of Sound Insurance Services, Mystic CT
Employees of Everyone’s Choice, Groton CT
Employees of Bauman’s Lawn Care, Groton CT
Employees of Mildly Wild T-Shirts, Mystic CT
Also included are spouses of persons who died while within the field of membership of this credit union, employees of this credit union, persons retired as pensioners or annuitants from the above employment, members of their immediate family or household, and organizations of such persons. Once a member always a member.
Any Employer wishing to provide membership for their staff should contact CEO Vicki Mott at 860.466.4121
Board of Directors
Matthew J. Morton, Jr., Chairman
Carole Mackin, Vice Chairman
Robert Champagne, Treasurer
The Groton Municipal Employees Federal Credit Union was formed in 1956 by Raymond Bugbee and William Clinton Jr. The original Board of Directors were six members comprised of Bugbee, Clinton, Robert Falvey, John Ball, James Davis, Frank Kohl, and Burton Wilbur.
Since its inception, the Credit Union has been served by 75 different volunteers from the membership. When the Credit Union first opened, its total assets were $7,800.00. Assets now exceed $7,000,000.00. The original location of the Credit Union was 359 Thames Street in Groton. In 1966 the Credit Union moved to its Meridian Street location, but it was upstairs in City Hall rooms C-7 and C-8. Finally, its last move was in 1987, when the Credit Union moved into the present location in the basement of the Municipal building. On behalf of the entire membership, we would like to thank each and every volunteer, both past and present for their dedication and generosity in contributing to the growth and success of the Credit Union.