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For example, the Indiana Credit Union League sponsors an initiative called "Ignite", which is used to encourage innovation in the credit union industry, with the Filene Research Institute. [ 38 ] The Credit Union National Association (CUNA) is a national trade association for both state- and federally chartered credit unions located in the ...
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]
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]
The AFL–CIO Employees Federal Credit Union is a multiple common bond, federally chartered credit union headquartered in Washington, D.C. The credit union was founded in 1952 for members of the AFL–CIO. It currently has two locations serving 9,723 members. AFL–CIO Employees FCU has assets of $76 million.
Credit union federation S-Bank: Finland 2,900,000 [26] Cooperative supermarket bank S-Pankki (Finnish), S-Banken (Swedish) Belongs to the S Group retail cooperative Bank Australia: Australia: 125,000+ $3b: bank: Australia's first customer owned bank Navy Federal Credit Union: US: 3,004,352: 33012: Credit union: Shared Interest: UK [27 ...
Credit Union Australia was named Credit Union of the Year for four consecutive years by the Australian Banking + Finance Awards. 2007–2010 In 2007 Credit Union Australia rebranded to CUA and merged with Victorian-based Plenty Community Credit Union in 2010 amassing more than 380,000 members, making it the biggest credit union in Australia.
The Michigan State University Federal Credit Union (MSUFCU) is a credit union headquartered in East Lansing, Michigan. Primarily serving students and alumni of Michigan State University and Oakland University , MSUFCU is federally chartered and regulated by the National Credit Union Administration (NCUA) .
GECU is the oldest credit union formed in El Paso, Texas. [2] In 1932, eleven El Paso civil servants pooled $5 each to form a credit union inside of the broom closet of El Paso's federal building. [1] [3] In one year, the capital funds of the credit union had increased to $1305. [4] In 1947 there were 135 members which grew to 690 members in ...