Established in 1954 as a state-chartered credit union, FCU was originally called the Alachua County Teachers' Credit Union and was owned and run by teachers in the Alachua County School System. Soon after the first annual meeting in 1955, FCU began adding more school systems, community colleges and many other groups. After 60 years of expanding the field of membership, FCU is now a leading financial provider open to 19 counties across the state of Florida and membership is available to hundreds of thousands of consumers.