OUR HISTORY

Baptist Health Federal Credit Union

Baptist Health Little Rock photo
1959
Baptist Health Little Rock photo 1959

Baptist Health Federal Credit Union was Federally Chartered

On February 16, 1959, under the name of Arkansas Baptist Hospital Federal Credit Union, we were federally chartered under number 12813. Arkansas Baptist Hospital Federal Credit Union was established for the employees, students, trustees, and immediate family members of Arkansas Baptist Hospital in Little Rock, Arkansas. BHFCU originally started with eleven members, seven of which comprised of the Board of Directors and one other hired as an employee. Ms. Iva Lee Suggett was the first employee and carried the title of Treasurer. At the year-end of 1959, Arkansas Baptist Hospital Federal Credit Union had total assets of $19,492.00 and two hundred members.

Doctor and Nurse talking
1962
Doctor and Nurse talking 1962

Second Location

In 1962 Arkansas Baptist Hospital FCU opened a second office at North Little Rock Memorial Hospital on Pershing Boulevard. The charter was amended at that time to include employees, students, trustees, and family members of North Little Rock Memorial Hospital. This office was subsequently closed on April 15, 1967 due to operating expenses.

doctor arms crossed
1966
doctor arms crossed 1966

Arkansas Baptist Medical Center

Arkansas Baptist Hospital changed their name to Arkansas Baptist Medical Center. Because of this name change, the credit union was granted permission by the hospital Board of Directors to also change it’s name. On March 18, 1966 the credit name changed to Arkansas Baptist Medical Center Federal Credit Union.

Baptist health college Little Rock logo
1968
Baptist health college Little Rock logo 1968

Arkansas State College School of Nursing

Upon the establishment of the Arkansas State College School of Nursing by the hospital, the credit union amended their charter to include these students and staff. In 2015, Baptist Health School of Nursing transitioned to Baptist Health College Little Rock.

Group of doctors
1970
Group of doctors 1970

Baptist Medical Systems

In 1970, Arkansas Baptist Medical Center changed their name to Baptist Medical Systems. Because of this name change, the credit union was once again given permission to follow suit but the hospital Board of Directors.

COmputer
1974
COmputer 1974

Additional Office Space

Baptist Medical Systems opened a new hospital on West 12th Streeet in West Little Rock. At the time of opening, the hospital did not have any space for the credit union. After searching for space, the hospital graciously allowed the credit union to move in an unused elevator shaft until such space could be located. We remained in this space until early 1979, at which time we were able to move into a one room office. Later in the same year, a back-office room was added to the existing space. BHFCU still maintains an office at this Little Rock location.

Group of doctors looking at X-ray
1979
Group of doctors looking at X-ray 1979

Amended Charter

On June 6, 1979, Baptist Medical Systems amended its charter to begin letting other Select Employee Groups or SEG’s to join. Up until that time, only hospital employees, trustees, nursing students, or family members could join. The first group allowed to join the credit union was Radiology students.

Stethoscope on Piggy Bank in Doctors Hand
1980s
Stethoscope on Piggy Bank in Doctors Hand 1980s

Growth

The decade of the eighties was very quiet and conservative, with moderate credit union growth. This growth was aided by the purchase of Twin Rivers Medical Center and Clark County Nursing Home in Arkadelphia, Arkansas by our core sponsor in 1981 and Parkway Village Senior Center in Little Rock, Arkansas in 1982. At the end of 1980, Baptist Medical Center Systems Federal Credit Union topped one million in total assets for the first time at $1,040,465. A decade could not go by without another name change. The hospital changed its name back to Baptist Medical Systems, and again the credit union followed suit.

BHFCU Logo
1995
BHFCU Logo 1995

Baptist Health Federal Credit Union

The hospital changed it’s name to Baptist Health and upon board approval, we changed our name to Baptist Health Federal Credit Union.

Baptist Health North Little Rock photo
1999
Baptist Health North Little Rock photo 1999

New Branch

Baptist Health opened a new hospital in North Little Rock, Arkansas in November 1999. Baptist Health Federal Credit Union also opened a branch in the new hospital, where it remains today. In 1999, the credit union began offering checking accounts and debit cards. Lending was also made a priority with a voice response telephone banking system. This marked the beginning of the transition from Baptist Health Federal Credit Union being a “savers club” to becoming a FULL SERVICE financial institution.

Baptist Health Federal Credit Union Kanis Branch
2004
Baptist Health Federal Credit Union Kanis Branch 2004

New Location

BHFCU began the early 2000s as a nine and a half million dollar credit union. As growth continued, a need for space became necessary. Baptist Health Federal Credit Union built a main office building and moved into our current location at 9000 Kanis Road, just a block east of Baptist Health Little Rock.

Friends using Phones
2009
Friends using Phones 2009

50 Years

We celebrated 50 years as a credit union in 2009 with continued growth and improvements for members. Because of our aggressive efforts, BHFCU grew tremendously and ended the first decade with over twenty-two million in assets.

Bauer Financial 5 Star Logo
2021
Bauer Financial 5 Star Logo 2021

The CU Today

As Baptist Health continues to grow, so has Baptist Health Federal Credit Union. In 2020, an ATM was added at Baptist Health Fort Smith. BHFCU now provides the ability to check your account anytime, anywhere with online banking and our mobile app. Members can heck balances, transfer funds, and make mobile check deposits. In addition to our e-services, we also offer Surcharge-Free Nationwide ATM Access via MoneyPass. Today BHFCU has over 7400 members and over $38 million in assets. We provide services to all of Baptist Health, along with it’s subsidiaries, affiliates, and other health care related groups. This includes employees, trustees, volunteers, retirees, nursing students, and their friends and families.

Our History