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This is a list of credit unions in the United States.. A credit union is a member-owned financial cooperative, democratically controlled by its members, and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members. [1]
America First Credit Union is a federally chartered credit union headquartered in Riverdale, Utah, United States. As of December 2023, [update] America First was the fifth largest credit union in the United States in terms of total membership and seventh largest credit union in assets in the U.S. [ 1 ] [ 2 ]
As of November 2023, the network included 5,700 participating locations. While mostly composed of US based credit unions, the network is international. [2] Shared branches are useful for domestic or international traveling, changing credit unions, and easily using a credit union that is closer to a customer versus their own branch. [3]
[55] [56] Member groups have included Save Columbia Credit Union, Save First Basin Credit Union, Save Tech CU, and DFCU Owners United. The National Center for Member Trust is a consumer protection non-profit organization "formed to support the member-owners of credit unions that are trying to convert to banks."
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The credit union was founded as Tektronix Federal Credit Union, formed by seven Tektronix employees on January 14, 1952. In 1961, the name was changed to Tektronix Employees Federal Credit Union to reflect the credit union's membership. From very early on, technical innovation was emphasized and reflected in First Tech's motto of "Think Forward ...
In mid-May 2010, the Kalamazoo-based Citizens Credit Union announced that it planned to merge with Lake Michigan Credit Union. [1] [8] This merger took place in June 2010 and resulted in the addition of Citizen Credit Union's 9,000 members and $60 million assets to Lake Michigan Credit Union's estimated 168,000 members and $1.87 billion assets ...