Serving you since 1941
Cuivre River Electric Cooperative was founded on March 6, 1941. Families from Lincoln, Pike, St. Charles and Warren Counties attended a meeting called by local Farm Bureau agent John Matthews. The Cuivre River Electric Cooperative (CREC) was born when papers to incorporate were filed on March 6, 1941.
Those original 12 incorporators were John Schaper and G.W. Bruning from Foristell, Elizabeth Goodman from Wentzville, E.M. Magruder from Foley, Mrs. John N. Overall from Winfield, Mrs. Frank Shilharvey, Jr. from Troy, Frank and Emma Lohman from Wright City, O.D. Burgess from Warrenton, Dan Crider from O'Fallon, J.K. Waters from Elsberry, and M.F. Duvall from Clarksville.
Nine were chosen to represent the members and serve as the duly elected Board of Directors. Schaper was elected president, Waters was vice president, Mrs. Overall was secretary, and Bruning was treasurer. Also serving on the original Board were Crider, Burgess, Magruder, Goodman and Mrs. Lohman.
Part of the first order of business was to hire Walter E. Longanecker as the "Project Superintendent/Coordinator," a position that essentially became general manager. He was paid $150 per month, with a $50 travel and expense account. Longanecker was previously employed as an assistant manager at the Ralls County Electric Cooperative in New London, Missouri.
Their actions came as a result of frustration with existing electric utilities that were reluctant to serve outside the city limits of most communities. Primarily investor-owned businesses, these companies did not think rural service could ever be profitable. They rejected low-interest financing offered them by Franklin D. Roosevelt's Rural Electrification Administration (REA, now the Rural Utility Service) as early as 1935.
As rural community leaders, CREC's original incorporators decided to pool their resources, form their own businesses, and apply for the REA loans that were offered. CREC members soon identified their electric cooperative as "the REA," when in reality, CREC and the REA were never the same. In 1987 CREC paid off the last of its REA loans and obtained financing from private lenders more responsive to CREC's growing suburban needs.
History Book
CREC published its second history book, covering the cooperative’s operation from 1998 to 2021, the year of our 80th anniversary. The book is available as an e-book that can be viewed here.