History of Spokane Teachers Credit Union in Timeline

By Popular Timelines Editorial Team · Updated: May 13, 2026

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.

October 1934: STCU Founded

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

1934: STCU Founded

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

1964: First Office Opened

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

1997: Online Banking Launched

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

2000: Lindsey Myhre Started at STCU

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

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.

2010: Online Banking System Updated

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

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.

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.

2015: Lindsey Myhre Joined Senior Leadership

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

2015: Switched to Mastercard

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

2016: Myhre Serves on Board for Partners INW

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

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.

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.