Our Philosophy & Mission Statement

The Cheshire County Federal Credit Union is committed to providing our members with the best possible personal service. We strive to provide accurate, expedient service to our members. We will continue to strive to be our members' financial institution of choice by providing financial information and services to meet and/or exceed their needs, through growth and by keeping pace with technology.

We are a federally chartered financial institution, insured by NCUA, the National Credit Union Administration. We are examined by NCUA, as well as independent auditors on a yearly basis, as regulated by NCUA.

About Our History

The Cheshire County Federal Credit Union started as K.M.T.C. Employees Federal Credit Union in June of 1959 as an additional benefit that Kingsbury Machine Tool Corporation could offer prospective employees. The field of membership at that time was limited to employees of the manufacturing company and their immediate family members only.

When the credit union first opened, there were 10 member accounts, mostly supervisors and managers of KMTC. Members had to purchase 1 share at $5.00 each. Our services were simple share (savings) accounts and small loans.

The Credit Union has gone through many changes since we first opened in 1959. We have expanded our services substantially. One of the most important changes has been expanding our field of membership. We are no longer restricted to Kingsbury Corporation employees and family members. As of June 2005, membership is open to anyone who "works, worships, or attends school" in Cheshire County.