BISMARCK, N.D. (8/3/12)--Marvel Ebenhahn, president of Community CU, New Rockford, N.D., celebrated her 60th year with the credit union last month.
Marvel Ebenhahn, president of Community CU, New Rockford, N.D., began her career at the credit union in 1952. (Photo provided by Credit Union Association of the Dakotas.)
Ebenhahn's father was one of Community CU's original charter signers when the credit union was established in 1942 with a field of membership that included Farmer's Union Oil Co. members and patrons.
The credit union later changed to a community charter.
She began her career in 1952 performing bookkeeping work for the credit union. Back then, the credit union paperwork "was in one four-drawer file cabinet--with a few empty drawers," Ebenhahn said. In 1952, the credit union had 18,000 in deposits and the focus was providing a place to save and borrow money for local farmers, she added.
Community CU is now a full service financial institution with 5,936 members, $407 million in assets and three locations.
The credit union experienced great growth when it established its own stand-alone building in 1965, Ebenhahn said.
When asked if she ever thinks about retiring, Ebenhahn said "retirement isn't for everyone." She enjoys taking time off and traveling, but doesn't want to do it all the time.
"As long as my head and body keep working, so will I," she said.