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GUIDE TO YELLOW SPR INGS  |  2020 – 2021 83 Throughout the growth and changes experienced in its over seven decades in operation, Yellow Springs Federal Credit Union, or YSCU for short, has kept the concept of commu - nity service at the forefront of its mission, according to Sandy Hollenberg, YSCU’s president and chief executive officer. “Philosophically, our focus is to be here for the community,” Hollenberg said in an interview with the News when the YSCU celebrated its 70th anniver- sary in 2018. Incorporated on July 19, 1948, with an initial 13 members, the business took shape out of conversations at the former co-op store on the corner of South High and West Davis streets, according to historical accounts reported in past editions of the News. Those early discussions continued at organizational meetings in the home of YSCU “founding mother” Caroline Urie, a reported Socialist and war-tax resister. SPOTLIGHT | Yellow Springs Credit Union Total share deposits of the new enterprise were $2,306.13, and its first loan was for $50, according to credit union records. The credit union’s first offi - cial home consisted of a desk and chair in a corner of the building that in more recent decades was occupied by Ertel Publishing on South High Street. The enterprise eventu- ally moved in the late 1950s to office space provided by Antioch Bookplate Company in a downtown building that now houses Bonadies Glasstudio, across Xenia Avenue from the YSCU’s current location. After moving across the street in 1961 into an older building previously on the site, the YSCU in 1977 opened its doors in a newly constructed modern brick building, which has remained its home since, with some renova - tions over time. With more than 2,000 members today, YSCU boasts about $19 million in deposits and more than $9 million in loans, and remains a not-for- profit financial cooperative where customers are mem- bers who own the enterprise together. Its goal is “to benefit the members, not to line the pockets of shareholders,” according to Hollenberg, who has 33 years’ experience in the industry, with the last 14 in Yellow Springs. With three full-time and two part-time employees, the YSCU’s ongoing services pri- marily focus on personal day- to-day banking needs, including checking and savings accounts, credit and debit cards, loans and financial planning. YSCU membership is open to anyone who lives, works, worships or goes to school in Greene County, but remains “specifi - cally focused on the village of Yellow Springs,” according to Hollenberg. —Carol Simmons PHOTO: ANTIOCHIANA, ANTIOCH COLLEGE The Yellow Springs Credit Union during the ’70s, before it demolished the house and constructed a modern brick building at the site. Cheryl B.Levine, Psy.D. • Kathleen Galarza, Ph.D. • John Beer, LISW Mike LeMaster, LPCC • Eileen Potter, LPCC, IMFT • Ken Drude, Ph.D. 642 E. Dayton-Yellow Springs Rd., Fairborn The Lotus Center, 4949 Urbana Rd., Springfield 937-390-3800 www.positiveperspectivescounseling.com Offering: Traditional, as well as cremation services Pre-arrangement counseling Educational/support materials handicapped accessible JACKSON LYTLE & LEWIS LIFE CELEBRATION CENTER 937-767-7310 • Fax: 937-399-2501 • 322 Xenia Ave., Yellow Springs I I EARTH ROSE International Imports SellingUniqueQuality Items fromAround theWorld Birkenstocks ® Beautiful Clothes & Scarves Tapestries/Bedspreads/ Blankets Leaded Glass Lamps Handmade Boxes Brass Hindu Figures Antique Copper from Turkey Large Selection of Incense, Soaps & Candles Unique Cards & Postcards 221 Xenia Avenue QUALITY SINCE 1970