We officially opened our doors in 1959 as Waynesboro DuPont Employees Credit Union, Inc. Our first “office” was in the basement of an employee’s house who worked at the Waynesboro plant of E.I. DuPont de Nemours & Co. In a letter given to all plant employees, the founders stated why they felt a credit union was needed:
"To save employees money by loaning to them at rates below those charged elsewhere for similar-type loans and to encourage thrift among the employees by paying them higher dividends on their savings than they can obtain elsewhere."
In order to borrow money, a $0.25 entrance fee was paid, plus a savings deposit for as little as $1. By the end of 1959, the credit union had 1,275 accounts, $72,827 in loans, $91,251 in assets, and had no paid employees.
Twenty years after its founding, the credit union was owned by over 7,000 members with nearly $32 million in assets. In 1985, the first office not on plant property was opened on West Main Street in Waynesboro.
By 1997, we expanded to become a community credit union, meaning membership became based on geography instead of only where someone worked. To reflect this growth, our name changed to DuPont Community Credit Union (DCCU).
DCCU expanded outside the city of Waynesboro to include offices in Stuarts Draft (1998), Staunton (2000, 2004), Verona (2003), Woodstock (2004), Harrisonburg (2007, 2012, 2015), and Lexington (2015). Today we serve over 90,000 members and have over $1 billion in assets.