Bellwether Community Credit Union started in June 6. 1921 as Telephone Workers Credit Union with a small group of Bell Telephone System employees who, acting independently of their employer, created the Credit Union solely for the "promotion of thrift" among its members. Since then, Bellwether has expanded its footprint and now serves the entire state of New Hampshire along with Essex and Middlesex counties in Massachusetts.
The credit union was originally located on Concord Street in Manchester and was run by volunteers in the early years. In 1965, Richard D. Mahoney was hired as the first official employee of the credit union and within a few short months he became manager, overseeing three full-time employees. In 1976, Dick Mahoney was elected President of the Credit Union, a position he continued to hold for 25 years.
In 1991, our current facility at 425 Hooksett Road became the main office and the credit union changed its name to Telephone Credit Union of NH in 1989. In 2001, we received our charter to provide membership to anyone living or working in New Hampshire. 2001 is also the year that Michael A. L'Ecuyer was appointed President/CEO, taking that role over from his predecessor, the late Richard D. Mahoney. In 2004, Telephone Credit Union of NH merged with Greater Nashua Federal Credit Union and added our second branch location in Nashua. In 2005, the Credit Union changed its name from Telephone Credit Union of NH to Bellwether Community Credit Union to better reflect the diversity of its members. The credit union continued to grow and in June 2006 the members of the Compass Credit Union voted to approve a merger with BCCU adding our third branch on Valley Street in Manchester. The Valley Street branch closed in 2011, but we opened our Bedford branch in early 2012 and new branches are being considered for future growth.
Fall of 2019, Michael L'Ecuyer retired, and Nathan Saller was appointed President/CEO. Today, we are proud to provide a full array of financial products and services to families and businesses with a total membership of approximately 30,000.
The office where Bellwether Community Credit Union first began in 1921
Bellwether Community Credit Union's current headquarters at 425 Hooksett Road in Manchester.
Pictured here are the three President/CEOs in Bellwether's history along with other members of the leadership team in the late 1990s. In the front row, left to right, are VP of Member Service Claire Castanino, VP of Lending Alice Poole and VP of Administration Nancy Nadeau. In the back row, left to right, are President/CEO (1976-2001) Richard Mahoney, SVP Michael L'Ecuyer (President/CEO from 2001-2019), VP of Marketing Nathan Saller (President/CEO 2019-Present) and VP of Finance Paul Roy.