O'LEARY CREDIT UNION In 1952, a credit union was formed and the directors were Mae and Jack Matthews, Helen and Bill Gorrill, Arnold Wood , Addie Thompson , Willard Smallman , and Clayton Stetson . Mary Mathews cutting ribbon for Credit Union. CENTRAL CREDIT UNION In April 1969, four credit unions of the O'Leary area amalgamat¬ ed to form Central Credit Union in O'Leary . The four smaller credit unions were St. Anthony 's, St . Mark's, United of Milo , and Credit Union . Until amalgamation the O'Leary Credit Union was open only on Fridays and was staffed by volunteer members. They used space in the old egg grading station and later the old Co-op Store . After the amalgamation, Central Credit Union purchased the Birdie Reilly store and renovated it to suit their needs. The first man¬ ager was John Broderick from Tignish , assisted by Mary Matthews who had looked after the O'Leary Credit Union. The first president was Cliburne Locke who served from 1969 - 1971. Cliburne also served the 1973 - 1974 term and again from 1977 - 1979. Other presi¬ dents over the 22 years were James A. MacDonald , 1976 - 1977; Gerald Gallant , 1971 - 1973 and 1990 - 1991; Bernard Shea , 1974 - 1976; James Harris , 1981 - 1982; Winston Gallant , 1979 - 1981 and 1982 - 1984; Harding Boulter, 1984 - 1986; Eric Phillips , 1986 - 1988; Sonny Tremblay, 1988 - 1991; Gerald Gallant , 1992. 258