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The Texas Dow Employees Credit Union was founded by employees of Dow Chemical Company in December 1954, receiving its charter from the State Attorney General that month. [3] [4] Its first organizational meeting was held in the Freeport Junior High auditorium in Freeport, Texas, on January 3, 1955, with memberships available for deposits of up to five dollars. [3]
This is a partial 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]
A State Employees' Credit Union branch in Hayesville, North Carolina. State Employees' Credit Union was originally incorporated on June 4, 1937 by employees of the State of North Carolina. The credit union began with $437 in assets and 17 members and was first operated from the basement of Raleigh's Agriculture Building. [6]
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]
State ECU (also known as State Employees Credit Union of New Mexico or SECU New Mexico) is a federal not-for-profit [2] credit union headquartered in Santa Fe, New Mexico.As of 2019, State ECU has $569 million in assets, over 48,000 members, and eight branches in the New Mexico. [3]
Texas Dow Employees Credit Union; U. United Heritage Credit Union This page was last edited on 25 December 2023, at 04:44 (UTC). ... Statistics; Cookie statement;
The National Credit Union Administration (NCUA) is an American government-backed insurer of credit unions in the United States, one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the Federal Deposit Insurance Corporation (FDIC), which insures commercial banks and savings institutions.
The National Association of State Credit Union Supervisors (NASCUS) is an American organization that was formed in 1965 to serve as the primary resource and voice of the state governmental agencies that charter, regulate and examine the nation's state-chartered credit unions. NASCUS membership is made up of state regulators, state-chartered ...