
Mr. Welch then begins his plight by discussing and recruiting other employees. Mr. Welch was the first member and serving in various capacities of the credit union for numerous years. Getting the credit union up and running was a task; enlisting new members were somewhat of an obstacle due to the available cash flow of the employees.
In 1952 the average starting salary of a postal employee was $1.04 per hour. Mr. Welch offered to loan Julius McMullen (#2) the $5.00 needed to join. It just so happened it was payday and Julius had the needed funds. There was no set hours of operation at this time. Mr. Welch kept the credit union books at this desk at the post office, as a member needed assistance Mr. Welch would halt his daily job duties and attend to the members needs.
In 1952 the average starting salary of a postal employee was $1.04 per hour. Mr. Welch offered to loan Julius McMullen (#2) the $5.00 needed to join. It just so happened it was payday and Julius had the needed funds. There was no set hours of operation at this time. Mr. Welch kept the credit union books at this desk at the post office, as a member needed assistance Mr. Welch would halt his daily job duties and attend to the members needs.
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