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By 1960, the credit union grew to serve over 70,000 members and had assets of almost $25 million. [7] By 2022, State Employees' Credit Union had grown to over $53.1 Billion in assets and 2.7 million members. This made State Employees' the second largest credit union in the United States in terms of assets and membership.
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 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 ]
In 2018, it was announced that VyStar Credit Union, the second largest credit union in Florida, and sixteenth largest in the country, [4] was purchasing the building for its new headquarters. The deal was finalized in late 2019, after the lease of the former tenant, Suntrust , had expired.
The second-largest credit union in the country, State Employees’ Credit Union, had a 5.4-point gap. Navy Federal’s racial disparities remain even when comparing only applicants with the same ...
MSUFCU is the largest university-based credit union in the world, and the second-largest credit union in Michigan. [ 1 ] [ 2 ] [ 3 ] MSUFCU provides a variety of financial services, including deposit accounts, personal and business loans, investments, and insurance.
Arizona Financial Credit Union (or Arizona Financial) is a federally insured credit union headquartered in Phoenix, Arizona, United States. It has $3.4 billion in assets and is the second-largest credit union in the state. As of July 2022, there were 20 branch locations across Arizona.
The credit union operates 75 branches, and accounts can also be opened online. Why we chose it Free interest-bearing checking: Suncoast’s Smart Checking account charges no monthly maintenance ...