Board of Directors
- Stu StromPresident
- Cris MonroeVice President
- Gary HoffmanSecretary
- Joe BeckerBoard Member
- William EwingBoard Member
About Pacific Spruce
A credit union built by paper-mill workers — for the Coast.
Pacific Spruce Federal Credit Union started in the mid-1960s with $50 and a locked shoebox. Today we are a member-owned, not-for-profit cooperative serving families, workers and small businesses across Lincoln County, Oregon.
Our history
From a shoebox to a branch on A Street.
It was the mid-1960s when Floyd Ferguson pulled together a small group of Georgia Pacific paper workers to create the credit union you see today. The first safe was nothing more than a shoebox locked in a desk.
Starting with just $50 in combined savings, more workers joined the fledgling credit union. Growth was inevitable. Shortly thereafter, Ferguson was named the first manager and a proper safe was put into use.
Today’s credit union
A cooperative for the people who keep the Coast running.
Over time, the credit union attained more members, more capital, and started giving out loans for cars and more. Today, our doors are open to workers and families from a wide group of local employers and agencies — the people who keep Lincoln County running.
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Local focus. We serve workers and families from employers across Lincoln County and the Central Coast.
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Family and household. Immediate family or household members of eligible workers also qualify.
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Retirees included. Pensioners and annuitants from eligible employers remain part of the field of membership.
Field of membership
Who can join Pacific Spruce.
Membership is open to employees and members of the following groups, as well as their immediate family or household members — including spouses, children, siblings, parents, grandparents, grandchildren, stepfamily and adoptive relationships.
- Georgia Pacific Employees
- City of Newport
- Lincoln County School District
- Western Cascade
- Tough Construction
- City of Toledo
- Lincoln County Employees
- Central Lincoln PUD
- Oregon Coast Aquarium
- Oregon Cascades West Council of Governments
- East County Community Partnership
- Yaquina Bay Hotel
- Alan Brown Tire Center
- Pacific Spruce FCU Employees & Officials
Board & committee
Our leadership is unpaid — and that’s the point.
As a not-for-profit financial cooperative, our board of directors and supervisory committee are made up of unpaid volunteers. That’s really what sets us apart from an ordinary bank. Take a look at the names below — you might actually know a few of them from the neighborhood, work, or just around town.
Who we are
Your board, committee and staff.
Supervisory Committee
- Scott SinselChairman
- Cris MonroeMember
- Tina EwingMember
Staff
- Sherri GilleoManager
- Amy GroceTeller
Ready to become a member?
Open a membership account in about 10 minutes.
If you live, work, worship or attend school in Lincoln County — or you work for one of the employers above — you’re eligible to join. All it takes is a $5 opening deposit in a share-savings account.