New Horizons Credit Union's history offers a unique story of progress and growth. We were chartered on January 31, 1950 as H & W Company Credit Union (Hollingsworth & Whitney Co.) which was a paper mill company that moved a division from Waterville, Maine to Mobile, AL. Then, later the company merged with Scott Paper Company at which time we became known as Scott Southern Division Employees Credit Union and soon after - simply Scott Credit Union, and our core field of membership was the Scott Paper Company employees and their families for over forty years, but change was coming.