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An Owner's Guide To Joining
It's easy to join the Shaw's Employees Federal Credit Union. Just follow these simple step-by-step instructions:
- Read the Member Agreement form.
- Read the Disclosures page for important data on information availability and the Patriot Act.
- Complete the Express Membership Application (Share Account Signature) form. Please print clearly, and note that you can sign up for the following services:
- Complete the optional Pay on Death Beneficiary designation.
- Complete the optional section for Teller-Phone.
- Complete the optional section for CU24© ATM/Visa Check Card for easy access to your funds.
- Sign the section for Share Draft (Checking) account.
- Complete the Request for Direct Deposit Payroll Deduction From Shaw's/Star Market section only if you are setting up a Share Draft (Checking) account.
- Read the tax information.
- Sign and date the form.
Shaw's Employees Federal Credit Union
205 Spencer Drive
Wells, ME 04090
207-646-4989
Fax: 207-646-5673
Inter-Company EXT 87900
info@shawscreditunion.com
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The Shaw's Employees Federal Credit Union was originally chartered as the George C. Shaw Co. Federal Credit Union in January of 1936. The original field of membership consisted of "those employees of the George C. Shaw Co. in Portland, ME". At the time Shaw's only had two stores in Portland. Shaw's has now grown to 200 stores throughout New England. As Shaw's Supermarkets has grown so has the credit union, while remaining strictly a single employer sponsored Credit Union.
As of December, 2006 the Credit Union had over 3,400 members located throughout New England. The Board of Directors is made up of Shaw's Supermarkets associates who, combined, have over 150 years of service with the company. The majority of the current Directors have been on the Board for over 10 years each. The current President of the Board of Directors is Edward McGeehan, who has been involved with the Credit Union since the early 1980’s, starting out on the Credit Committee, then moving to the Supervisory Committee, and finally to the Board of Directors in February, 1983. Ed has served as President of the Board since March, 1987.
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