On May 12, 1960, seven employees of the Reynolds Reduction Plant in Jones Mill, Ark., pooled their money and started a credit union with $35. Sixty years later, Diamond Lakes Federal Credit Union has grown to more than $69 million in total assets and close to 10,200 members.
As part of Diamond Lakes FCU’s “diamond” anniversary celebration, the credit union will be conducting monthly drawings for $60 gift cards and a diamond necklace grand prize drawing in October.
“Sixty years ago, our credit union was started by a small group of people dedicated to working together through the spirit of cooperation,” said President/CEO Tammy Passafiume. “While many things have changed over the years, we are still dedicated to serving our members, who are also our owners, as a not for profit financial cooperative. Our tagline, ‘People, Passion, Purpose,’ keeps our focus in front of our staff and members on a daily basis. We’ve been dedicated to the people, our members, and our community, for 60 years with a passion for helping build a solid financial foundation for the purpose of a secure and bright future for individuals and their families.”
About Diamond Lakes Federal Credit Union
Diamond Lakes Federal Credit Union, originally called the Jones Mills Federal Credit Union, was formed in 1960 to serve the employees of the Reynolds Metals Reduction Plant. Over the years, the credit union has expanded its membership to include individuals who live, work, worship, attend school, or regularly conduct business in and employers and organizations in the Diamond Lakes region.