About Us - B-M S Federal Credit Union

	B-M S Federal Credit Union was chartered in 1954 as Squibb Local 438. Our name was changed twice in the ensuing years until 1990 when we officially became B-M S Federal Credit Union. The credit union grew slowly but steadily until 1990, at which time new management, new office locations, and many new services started to be introduced. Since 1990 we have grown from $14 million to our present $74 million in assets. Presently, our credit union operates 7 branches located in New Jersey, Connecticut, and Indiana. The credit union serves all employees of Bristol-Myers Squibb Corporation and its wholly-owned subsidiaries located within the continental United States, as well as Sodexho employees. Family members are also encouraged to join.
	1991			Published First Newsletter Installed New Computer System (Delta) Introduced Stockline Program Expanded Loan Products Started Holiday Club Accounts Offered Credit Disability on Loans Expanded Staff
	1992			Started Vacation Club Accounts Offered "Senior" Accounts Expanded Office Space Opened New Branch Offices - Plainsboro, Lawrenceville Offered PC Carbook Program
	1993			Merged BM Products Federal Credit Union Opened New Branch Office - Morrisville, NC Offered First Mortgage Program - U.S. PHH Mortgage Offered Direct Deposit - ACH Debits & Credits Offered Share Draft Accounts (interest bearing)
	1994			Opened Membership to Family Members Offered ATM Card Program Remodeled Present Offices Offered Low Cost Legal Services Opened New Branch Office - Park Avenue, NYC
	1995			Offered Share Certificate Program Offered 24 hour, 7 day Loan-by-Phone Service Installed New Enhanced Data Processing System (Users FM) Opened New Branch Office - Evansville, Ind. Offered New FREE Checking Program
	1996			Expanded Field of Membership to Matrix Corporation Opened New Branch Office - Solon, Ohio Established Scholarship Program - Two Scholarships Purchased First ATM - Evansville, Ind. Started Cash Operation - New Brunswick, NJ
	1997			Merged Clairol Employees Federal Credit Union Established New Offices - Stamford & Wallingford, Conn. Opened New Branch Office - Nassau Park Offered New Auto Leasing Program - New Jersey Phantom (Audio Response)
	1998			Introduced Home Equity Loans Opening a new branch in Hopewell, NJ Opening a new branch in Syracuse, NY Rated in 1998 Callahan Credit Union Directory as number 26 in total assets in the State of New Jersey Introduced cashiering service in Hopewell, NJ, and Syracuse, NY Expanded Scholarship Program - Four Scholarships Activated B-M S FCU Website on May 15th
	1999			Purchased ATM - Ohio Branch Wallingford, CT became a cash operation
	2000			Introduced Net Access (members able to access accounts on-line)
	2001			Introduced Bill Payer and Mortgages
	2002 2004			Introduced Debit Cards Celebrated our 50th anniversary! Introduced E-Z Loan
	2005			Introduced Personalized Lending Introduced MortgageBot
	2006			Converted to new account numbers Introduced eStatements Went online with our newsletter, "The Member Connection" Welcome Bracco employees!
	2007			Welcome Sodexho employees! Offered Youth Accounts

Need assistance? Send us an e-mail at info@bmsfcu.org.