In early 1939, the employees of the Democrat Printing & Lithograph established a federal chartered Credit Union as a non-profit organization to serve its members by promoting thrift and creating a source of credit at a reasonable rate of interest.
The Charter members of the Credit Union were Merlin Herrington, S.B. Pinckney, Roscoe Fitzgerald, A.H. Pais, Leroy J. Sparrow, Roy Roberts, Rue A. Wilson, C.S. Highley, F.M. Lucas, R.L. Dobbins.
In March of 2019 the Democrat P&L Federal Credit Union held a contest to seek a new name that better reflected its members base. Don McDaniel submitted the winning entry and then the name was submitted to NCUA. Once we received approval the Democrat P&L Federal Credit Union became the Little Rock Federal Credit Union. We are still the oldest central Arkansas chartered federal credit union and second oldest in the state behind Fort Smith Teachers Federal Credit Union who chartered in 1936.
Since that time, select new employer groups and hundreds of members have passed through the credit union doors and the Little Rock Federal Credit Union continues to thrive and grow.
The current Board and Management of the Little Rock Federal Credit Union are excited about the future of the credit union and will continue to add new and improved products and services to benefit our members.
Board of Directors
- Jerome Stehle, President
- Sherri Halliburton, Vice-President
- Pris Dodson, Secretary – Treasurer
- Nancy Montgomery
- Johnny Scott, Jr.
- Teresa Creed
- Charlie York
- Nancy Montgomery, Chairman
- Don McDaniel
- Sheilah Stehle
- Ammon Collins
- Dennis Mashburn
- James Still
- Pris Dodson, CEO/Manager
- Debra Wilson, Assistant Manager