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CU System
Nations oldest CU celebrates 100 years
MANCHESTER, N.H. (1/24/08)--The nation’s oldest credit union will celebrate 100 years of operations in 2008. St. Mary’s Bank, a $615 million asset, Manchester-based institution, will unveil a new television ad that honors the credit union’s first century as a long-standing member of Manchester and New Hampshire. The new ad, which will feature people and images of the city, will premiere during Sunday’s television broadcast of “Extreme Makeover: Home Edition,” which was filmed in Manchester late last year. “We’re proud and excited to have our 100th anniversary ad air for the first time during a program featuring the city of Manchester,” said Ronald J. Rioux, St. Mary’s Bank president/CEO. “This really is the kickoff of our 100th birthday party.” When St. Mary’s opened it doors in 1908, it became the first credit union in the nation. The credit union’s purpose was to provide banking services to Manchester’s growing working-class populations. Today, St. Mary’s bank is still a member-owned, not-for-profit credit union dedicated to helping New Hampshire’s families and businesses. The credit union will host public events to commemorate the milestone throughout 2008, Rioux said.


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