History of Spokane Teachers Credit Union in Timeline

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Spokane Teachers Credit Union

Spokane Teachers Credit Union (STCU) is a credit union operating in Washington, Northern Idaho, and Eastern Oregon. It is regulated by the NCUA, a federal government agency. Membership is available to individuals who live, work, worship, or attend school in the designated regions.

6 hours ago : Weather Forecast: Storms Possible in Southern Colorado; Warm Temperatures Expected in Spokane.

Southern Colorado faces potential storms through the weekend. Spokane and Coeur d'Alene anticipate warmer temperatures. A warm and breezy forecast is predicted for Kansas City.

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October 1934: STCU Founded

In October 1934, Spokane Teachers Credit Union (STCU) was founded.

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1934: STCU Founded

In 1934, STCU was started by Ernie McElvain, a teacher at Spokane's Lewis and Clark High School.

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1964: First Office Opened

In 1964, STCU left the high school and opened its first office at 106 W. Nora in Spokane.

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1997: Online Banking Launched

In 1997, STCU began offering online banking services, despite initial skepticism from many members.

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2000: Lindsey Myhre Started at STCU

In 2000, Lindsey Myhre started her STCU career as an Accounting Assistant.

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2006: Voted Best Bank/Credit Union

In 2006, STCU was voted Best Bank/Credit Union in the "Best of the Inland Northwest" reader surveys conducted by The Inlander.

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2010: Online Banking System Updated

In 2010, STCU updated its online banking system to include account alerts, secure messaging, and external transfers.

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2010: Voted Best Bank/Credit Union

In 2010, STCU was voted Best Bank/Credit Union in the "Best of the Inland Northwest" reader surveys conducted by The Inlander.

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2011: Voted Best Credit Union

In 2011, STCU was voted Best Credit Union in the "Best of the Inland Northwest" reader surveys conducted by The Inlander.

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2015: Lindsey Myhre Joined Senior Leadership

In 2015, Lindsey Myhre joined STCU's senior leadership team.

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2015: Switched to Mastercard

In 2015, STCU switched from Visa to Mastercard in order to implement EMV technology.

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2016: Myhre Serves on Board for Partners INW

Since 2016, Lindsey Myhre has served on the board for Partners INW.

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2023: Lindsey Myhre Listed Among The Most Powerful Women in Credit Unions

In 2023, American Banker listed Lindsey Myhre among The Most Powerful Women in Credit Unions.

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August 13, 2024: Acquisition of Community Bank Announced

On August 13, 2024, STCU announced plans to acquire all the assets and liabilities of the Oregon-based Community Bank pending regulatory and shareholder approval, expanding into Oregon and South-eastern Washington.

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2024: Integration with Community Bank Announced

In 2024, STCU announced its integration with Community Bank to expand its reach across Eastern Washington, North Idaho, and Northeast Oregon.

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2024: Voted Best Credit Union

In 2024, STCU was voted Best Credit Union in the "Best of the Inland Northwest" reader surveys conducted by The Inlander.

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May 2025: Lindsey Myhre Appointed Interim CEO and CFO

Prior to July 9, 2025, the Board of Directors appointed Lindsey Myhre interim CEO and CFO.

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July 9, 2025: Lindsey Myhre Named CEO and President

On July 9, 2025, the STCU Board of Directors announced that it had named Lindsey Myhre the sixth CEO and President in STCU’s 91-year history.

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