Employees of the Combined Locks Paper Mill formed the Combined Locks Credit Union.
The first loan to a member was to help him buy Christmas presents for his family.
Combined Locks Credit Union boasted 600 mill employee members and reported over $360,000 in assets.
As the mill grew, the Combined Locks Credit Union achieved a new milestone… $1 million in assets.
This allowed for greater loan capability.
On July 17, the credit union expanded beyond the paper mill and opened its membership to all Combined Locks residents.
Bursting at the seams… the credit union moved “up the hill” to their new facility, just outside of the mill.
The Combined Locks Credit Union tripled its assets to $3 million.
On May 27, Greg Hilbert was hired as President and CEO. He joined a staff of four.
Partnering with Schmidt Oil Credit Union helped garner $9.9 million in assets. Combined Locks Credit Union grew to a whopping 10 employees.
After much consideration, the Combined Locks Credit Union took a bold step and changed its name to Fox Communities Credit Union. A contest was held to help choose the name.
In four short years, Fox Communities reached over $23 million in assets.
A celebration occurred on April 24, as the Wisconsin Avenue branch opened in Appleton.
One year later, Fox Communities employed 29 people at their two locations.
On April 25, the Truck City Credit Union Board of Directors voted 145-14 to merge with Fox Communities.
With progressive leadership driving substantial growth, mergers continued and locations were added.
Membership growth was unprecedented, and Fox Communities achieved $200 million in assets.
Fox Communities reached 150 employees strong!
Fox Communities expanded its reach to the Green Bay area as it merged with First Security Credit Union and others.
The continued growth combined for $450 million in assets and 240 employees.
In October, Fox Communities made the wise move to form their first in-school branches at Green Bay West and Preble High Schools.
Fox Communities had proudly served the communities in which they reside for 75 years.
In the spring, Fox Communities became the first company to lend its support to The Mile of Music, a vibrant one-mile stretch of live music, hosted in downtown Appleton.
The Fox Communities staff volunteered nearly 700 hours to community services, including Rebuilding Together, Bowl For Kids and Feeding America, among many others.
Fox Communities moved into the Lakeshore with new locations in Manitowoc and Two Rivers, servicing members over 12 counties.
Bike to the Beat was born! The event became wildly popular, offering live music as a backdrop to community bike rides.
Over 104,000 members were served by 425 employees, amassing $1.75 billion in assets.
Fox Communities partnered with Northern Paper Mills Credit Union.
Fox Communities achieved another milestone - $2 billion in assets!
In late April, Chris Allen was selected as the new President and CEO of Fox Communities.
When our first location opened in 1937, we were known as Combined Locks Credit Union and served only the employees of Locks Mill. In 1974, still only serving the employees of Locks Mills, we achieved the milestone of $1 million in assets. Those assets tripled by 1980 as we expanded to serve all the residents of Combined Locks. At that time, our staff consisted of four people, one of whom was Greg Hilbert, president from 1980 through April of 2020.
In 1987, we became Fox Communities Credit Union. Within 3 years, we grew to 29 employees and nearly $40 million in assets. The various partnerships formed over the years have brought us to where we are today – over $2 billion in assets, 21 locations, serving 17 counties and more than 400 employees serving over 100,000 members.
Thank you for being a part of who we are today.
“We have a passion for helping people in our communities.”
“We partner with our members, communities, and Fox Family to build stronger financial futures.”
“We will embrace our organizational evolution to create a lasting member experience that exceeds expectations by ensuring our team is exceptional, has the tools to succeed, and is shown the love, value, and respect they deserve.”
“Pay it forward. Be the reason. Own the request. Plan for fun. Seek to understand.”
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