The Beginning
Tol-Sun Federal Credit Union was chartered on December 28, 1950. At that time, the field of membership was opened to the Sun Oil Company employees located in Toledo, Ohio.

The 10 charter members of the Credit Union are:

These men contributed money to form the Credit Union, which started with $100 in assets, kept in a cigar box. At the end of the first year of business, the Credit Union had $98,189 in total assets.

Growth through the 1960s
Tol-Sun Federal Credit Union continued to grow and prosper during the early 1960's. In 1964, the Credit Union reached the $1 million mark in total assets. In 1968, the Board of Directors amended the Credit Union's by-laws and opened the field of membership to include Sun retirees, and family members of all existing members.

Expansion in the 1970s
Another amendment was made to the by-laws in 1971 to allow Sun Oil Company employees anywhere in Ohio, Michigan and Indiana to join the Credit Union. That year Tol-Sun reached $2 million in assets.

Tol-Sun began processing financial and teller transactions on a batch data processing system, provided by the Ohio Credit Union League, in 1973. In 1975, the Credit Union celebrated its 25th anniversary with total assets exceeding $3.6 million. Assets grew to $5 million in 1977, reaching $10 million just two years later. This growth was largely due to the introduction of share draft accounts in 1978. The Credit Union introduced a new on-line computer system in 1979 that moved Tol-Sun into a new era of data processing. By joining the CUNADATA System, the Credit Union committed itself to providing excellent financial services in the most efficient manner possible.

New Building and Services in the 1980s
In July of 1981, there was a groundbreaking ceremony for building a new Credit Union facility on Woodville Road in Oregon, Ohio. At that time, the Credit Union had $15 million in assets. By February of the next year, the new Credit Union building was ready for occupancy. The Credit Union introduced both VISA accounts and ATM access in 1983. At the end of 1983, the Credit Union had $20 million in assets.

There were many structural changes to the financial industry in 1985. With financial deregulation, many institutions faced difficult decisions about their future. That was the year Tol-Sun entered into a merger agreement with the Sun Employees Credit Union of Philadelphia, forming Sun Federal Credit Union. The Credit Union's headquarters remained in Toledo with two additional locations, one in Philadelphia and the other in Radnor, Pennsylvania. During that same year, Sun Federal's assets grew to $25 million.

Financial Planning For Our Members
Sun Federal introduced the MEMBERS Financial Services program (known as PLANAMERICA at the time) in 1988. Through this program, members have the opportunity to receive professional financial management advice to organize their financial affairs and plan for the future. In 1996, Jim Simone of Simone Financial Services, began to serve the Eastern Sun Federal members. In April of 1991, Sun Federal opened an office at the Philadelphia Refinery to service the Philadelphia Refinery employees and their families.

Merger with Credit Unions
Significant structural changes occurred within Sun Company at the end of 1991. Sun Company headquarters were moved from Building One to Building Two within the Radnor complex, requiring Sun Federal to investigate other opportunities in order to maintain an office in Radnor. The opportunity became available for Sun Federal to merge with the TV Guide Credit Union, located in the Radnor Complex. As a result of the merger, on February 1, 1992, Sun Federal gained 1500 members, $2 million in assets and a satellite office in the TV Guide Building.

As a result of Sun Company's move, Sun Federal also relocated the Radnor office. In April of 1992, the Credit Union's office in Building One moved to Building Two. In 1993, the Credit Union became more receptive to new Select Employee Groups (SEG's). That June, GEM Industrial of Toledo was the first official SEG to be added to the Credit Union's field of membership.

Oregon Federal Credit Union officially merged with Sun Federal on January 1, 1994. Oregon Federal was a $680,000 asset size Credit Union with 447 members. The Credit Union's field of membership included current and retired teachers of the Oregon school system.

In 1995, Arrowhead Federal and Toledo Cloverleaf Federal credit unions merged with Sun Federal. Both credit unions offered savings and loans to their members. With the mergers, members gained access to a full service operation. That same year the opening of the Arrowhead office occurred.

Defense Supply of Philadelphia Federal Credit Union's members approved merging with Sun Federal in August of 1995. DSPFCU had approximately 6700 members and $20 million in assets, bringing Sun Federal's total assets to over $100 million with more than 20,000 members. In 1999, the military installation moved from South to North Philadelphia. Sun Federal moved as well, opening the Northeast Philadelphia office that same year.

Sun Begins the New Century
In 2000, Sun Federal officially became partners with EPAK Atlantic Federal Credit Union in Sinking Spring, Pennsylvania. More than 700 members became family as a result as well as the addition of a new Sun Federal location in Sinking Spring, Pennsylvania. This office later moved to West Lawn. In 2003, the Philadelphia Orchestra Federal Credit Union merged with Sun Federal and then during 2004, the members of St. Anne Mercy FCU voted overwhelmingly to merge with Sun Federal, hence Sun Federal began a presence in West Toledo

In 2004 Sun Federal welcomed members and another office through another merger with Eagle Point Federal Credit Union in Westville, New Jersey.

The Sun Federal Support Center opened in April 2005. The two-story, 15,300 square foot facility in Maumee houses five different SFCU departments and more than 30 employees.

In 2006, the members of Members Capital Credit Union (formerly North West Federal Credit Union and Toledo Telephone Employees Credit Union, Inc.) voted to approve a partnership with Sun Federal Credit Union.

Managers who have Guided our Progress
Below are the managers responsible for the development and prosperity of our Credit Union: