Our History












Deepwater Industries Federal Credit Union is celebrating its 75th anniversary - 1935-2010. 

Deepwater was organized and chartered as a Federal Credit Union in 1935 by a small group of employee of the DuPont Chambers Works, Deepwater, NJ. The credit union grew steadily through the years serving the Chamber Works employees.

As a result of downsizing at DuPont, Deepwater Credit Union began to expand its field of membership in 1990 with the employees and families of Mannington Mills.  Currently the employees and families of 57 different companies, municipalities and non-profit organizations enjoy membership in the Credit Union.

In 1995, the Credit Union moved its office space from the Chambers Works to its current location at 565 North Broadway in Deepwater, NJ.  With this larger facility the Credit Union has continued to grow and develop better services and products for its members.  Deepwater currently serves over 8,400 members and has over $74 million in assets.


 

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