2023 is Our Golden Anniversary!
And we want to share it with you! Watch for special events and celebrations throughout the year. 50 years is a celebration of where (and who!) we have been along with where we are headed.
It Started as Powerco
Powerco Credit Union, (formerly known as C&SOE Credit Union) was originally formed in 1973 by a small group of employees to serve the employees of Columbus & Southern Ohio Electric Company. Their goal was to provide an avenue for savings and low-cost loans for their fellow employees.
By 1976, the credit union reached $1 million in assets and continued to grow steadily through the 1970s and 1980s.
In 1988, the credit union changed its name to Powerco and soon after began its next phase of aggressive growth as Columbus & Southern Electric Power merged with AEP to form one of the largest electric utility companies in the country.
When Powerco later became part of Pathways Financial Credit Union, it provided financial services to more than 8,000 members and had total assets of $65 million. Powerco had evolved from a credit union that once served a single company to one that served over 100 central Ohio companies, as well as anyone who lived, worked, worshiped, or attended school in Franklin County, Ohio.
Mergers
Pathways Financial Credit Union was officially formed in 2012 with the strategic merger of three highly respected community credit unions. These credit unions included Members First, Powerco, and Western Credit Unions.
Over the next few years, Pathways joined 9 additional credit unions, some of which included WECU, Incenta, and Whitehall Credit Union. The growth process continued through the latest merger in 2022 with ODJFS Federal Credit Union in Columbus, Ohio.
Today
Pathways Financial Credit Union is a full-service, member-owned, financial institution federally insured by the National Credit Union Administration (NCUA). Headquartered in Columbus, Ohio, Pathways has 11 full-service branches throughout Columbus, Dayton, Central, and Southwest Ohio.
55,443
Members
With 55,443 members and more than $598 million in total assets, Pathways has become one of the fastest-growing credit unions in the state of Ohio.
Membership
Pathways Financial Credit Union offers memberships to anyone that lives, works, worships, or attends school in Ohio and the city of Maysville, KY. They also offer employer-sponsored memberships with more than 400 additional Select Employee Groups (SEG). Additionally, because of its affiliation with the American Consumer Council (ACC), Pathways Financial Credit Union can offer membership to the ACC network in 46 states.