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fairwinds.org | Financial freedom happens here.

2020

Our assets grow to $3 billion.

2019

FAIRWINDS acquires Friends Bank, a community financial institution with locations in Edgewater, New Smyrna Beach and Ormond Beach.

2017

FAIRWINDS opened a new support center that will be fully dedicated to serving members through a call center, tech support and administrative support.

2016

Our assets grow to $2 billion.

2015

With the continued growth of mobile use, FAIRWINDS redeveloped their online presence with a new responsive design website that can be used wherever you are.

2014

We disburse our 1 millionth loan.

2011

FAIRWINDS launches FAIRWINDS Insurance Services, LLC.

Through this subsidiary the credit union offers an extensive line of insurance products for both personal and business needs.

2010

President Barack Obama signs the Wall Street Reform and Consumer Protection Act into law, permanently increasing the amount of deposits insured by the NCUA from $100,000 to $250,000.

2009

FAIRWINDS Credit Union celebrates its 60th anniversary.

2008

Credit unions stand out as a bright spot amid the housing and credit crisis.

2006

We convert to a new technology platform offering new online banking, improved ATM convenience, enhanced account choices, and much more.

2004

Our assets grow to $1 billion.

2003

Larry Tobin is selected as the new President/CEO.

1999

We change to a state-chartered credit union and are now known as FAIRWINDS Credit Union. FAIRWINDS members receive a $1 million bonus rebate.

1998

Our assets grow to $500 million.

1998

President Bill Clinton signs the Credit Union Membership Access act into law, preserving the ability of credit unions to serve multiple membership groups.

1995

Our name is changed to FAIRWINDS Federal Credit Union with the announced plans to close the Navy base facility in Orlando, FL. The name FAIRWINDS reflects the credit union's ability to adapt to member needs while maintaining its historical roots. The nautical link comes from the Naval greeting "Fair Winds and Following Seas," a phrase of well wishes.

1981

Larry Tobin begins his credit union career as a part-time teller.

1980

President Jimmy Carter signs legislation authorizing share drafts for credit unions.

1977

The first branch office at the Naval Training Center Annex opened.

1976

The main service center at the Naval Training was built, the result of rehabilitating an existing building.

1970

Congress creates the National Credit Union Administration and the National Credit Union Share Insurance Fund to regulate federally-chartered credit unions and provide federal deposit insurance to virtually all credit unions.

1968

Our name is changed to Navy Orlando Federal Credit Union with the renaming of the Naval Training Center.

1967

Our assets grow to $1.6 million.

1965

The Naval Training Devices Center was relocated to Orlando, FL along with our credit union. Our assets grow to $360,000.

1957

Our name is changed to the Naval Training Devices Center Federal Credit Union to reflect the name change of the sponsoring organization.

1949

USN Special Devices Center Federal Credit Union is established in Port Washington, NY with $55 in assets. This credit union is known today as FAIRWINDS Credit Union.

1908

First credit union in the United States opens its doors.