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The National Credit Union Administration is the U.S. independent federal agency that supervises and charters federal credit unions. As of December 31, 2022, there were 4,760 federally insured credit unions in the United States with 135.3 million members.
As of March 2020, the largest American credit union was Navy Federal Credit Union, serving U.S. Department of Defense employees, contractors, and families of servicepeople, with over $125 billion in assets and over 9.1 million members. [5] Total credit union assets in the U.S. reached $1 trillion as of March 2012. [6]
A branch of the Coastal Federal Credit Union in Raleigh, North Carolina. A credit union is a member-owned nonprofit cooperative financial institution.They may offer financial services equivalent to those of commercial banks, such as share accounts (savings accounts), share draft accounts (cheque accounts), credit cards, credit, share term certificates (certificates of deposit), and online banking.
The National Association of Federally-Insured Credit Unions (NAFCU) is a U.S. trade organization representing the nation's federally-insured credit unions.The NAFCU hosts conferences, [1] publishes original research on issues relating to the credit union industry, [2] and provides testimony before the United States Congress on issues relating to credit unions and the financial services industry.
TruChoice Federal Credit Union (TRUFCU) is an American credit union based in Portland, Maine. It serves members in York and Cumberland counties, Maine. As of 2017 [update] , it had 12,066 members and approximately $119.37 million in assets.
The NCUSIF is supervised by the National Credit Union Agency, an independent federal agency created in 1970. The NCUSIF has the full backing of the U.S. government in case an insured credit union ...
While it's too soon to predict what the Federal Reserve will decide at its next policy meeting on March 18 and March 19, 2025, traders are already projecting a 93.5% chance that the Fed keeps ...
Addition Financial (or Addition Financial Credit Union) is an American state-chartered credit union headquartered in Lake Mary, Florida. The credit union is a member-owned, not-for-profit financial cooperative with 26 branches in six counties, with its field of membership currently open to 26 counties in Florida.