Garden City Park, NY, November 12, 2011 --(PR.com
)-- Sperry Federal Credit Union is proud to mark its 75th Anniversary this week.
Sperry Federal Credit Union opened on November 11, 1936 for employees and family members of Sperry Gyroscope Corporation; membership eligibility was extended to all of Nassau County in 2005. Organized under the Federal Credit Union Act 75 years ago, Sperry Federal Credit Union serves as an alternative to commercial banks, and has made car and home ownership possible for thousands of working class families.
The credit union’s roots trace back to iconic inventor Elmer Ambrose Sperry (1860-1930), who introduced the world’s first ballistic gyrocompass system in 1908. The U.S. Navy installed Sperry’s gyrocompass on a number of battleships, including the U.S.S. Delaware, U.S.S. Drayton, U.S.S. Utah and U.S.S. Worden. Over the course of his highly successful career, Sperry went on to develop many critical products for the U.S. Army and Navy during World Wars I and II.
"As one of America’s oldest credit unions, Sperry is proud to mark its 75th Anniversary this year," said Gary Barello, Chairman of the Board. "Moving forward, this organization will continue to provide its members with exceptional service and new initiatives."
For more information about Sperry Federal Credit Union, please visit http://www.sperryfcu.org/, or call (516) 873-7171.
About Sperry FCU
Sperry Federal Credit Union was established in Nassau County, NY, 75 years ago for employees and family members of Sperry Gyroscope Corporation. In the 21st Century, Sperry FCU continues to grow and now serves more than 17,000 member-owners as a full service community financial institution with about $320 million in assets.