The Allegiance Credit Union will never forget what happened on April 19, 1995, one of the darkest days in American history.
On that fateful morning, the Alfred P. Murrah Federal Building in downtown Oklahoma City was destroyed by a bomb planted by American terrorist Timothy McVeigh that left 168 people dead, including credit union employees and volunteers. Hundreds of other people were injured.
Allegiance CU commemorated the 20th anniversary of the Oklahoma City bombing on its website and all of its social media sites.
Since April 1, the credit union featured posts and videos to remember the employees who died and other indelible events from April 19, 1995. Allegiance will also recognize members honoring the victims and survivors through their participation in the Oklahoma City Memorial Marathon on April 26.
Allegiance CU, then known as Federal Employees Credit Union, operated its sole branch in the federal building 20 years ago.
At the time of the blast, 33 employees were working. Eighteen employees, a board member and a credit committee member died. Ten other employees who were in the building escaped with cuts and bruises and some were taken to the hospital. Five other employees also survived. They were not in the building when the bomb went off.
Many of the survivors were too traumatized to return to work.
Incredibly, however, with only three FECU employees and with the aid of many volunteers, the credit union reopened for business on Friday, April 21 at 9:40 a.m. in a temporary branch.
Since those difficult days, weeks and months following the Oklahoma City bomb, Allegiance CU has grown its assets from $75 million and one branch to $248 million in assets and five branches. The credit union's membership also has grown from 15,000 in 1995 to more than 27,000 today.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.