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During the 1990s, South Carolina Federal expanded beyond the Charleston area for the first time, into Georgetown and Columbia, S.C. In 2003, South Carolina Federal changed its status from a select employer group to a community-chartered credit union. In May 2004, South Carolina Federal reached a major financial landmark when assets hit $1 ...
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.
Union affiliation by U.S. state (2023) [1] [2] Rank State Percent union members Percent change Union members Percent represented by unions Percent change Represented
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Credit unions are insured by the National Credit Union Administration (NCUA), whereas banks are covered by the Federal Deposit Insurance Corp. (FDIC). In both cases, the coverage is up to $250,000 ...
State Credit Union, a federal credit union commonly known as "State Credit Union," is headquartered in Columbia, South Carolina. It is the sixth largest credit union in the state measured by asset size, according to National Credit Union Administration [2] reports as of September 2010. State Credit Union serves over 100,000 members and has ...
While federal credit unions are not FDIC insured, they are federally insured by the National Credit Union Share Insurance Fund. The NCUSIF is supervised by the National Credit Union Agency, an ...
Key takeaways. The National Credit Union Administration (NCUA) is the government agency that insures deposits at member credit unions. When your money is in a share account with a federally ...
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