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NASA Federal Credit Union is a credit union founded September 29, 1949 and is headquartered in Upper Marlboro, Maryland, United States. It holds more than $5 billion in assets, [ 1 ] and is insured by the National Credit Union Administration .
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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]
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Langley Federal Credit Union was chartered on April 17, 1936, [2] by twenty-five National Advisory Committee for Aeronautics (now known as NASA) employees who each deposited $1 to pay the charter fee. In 1942, the credit union changed its name to Langley Memorial Aeronautical Laboratory Federal Credit Union.
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Pay-for-Performance is a method of employee motivation meant to improve performance in the United States federal government by offering incentives such as salary increases, bonuses, and benefits. It is a similar concept to Merit Pay for public teachers and it follows basic models from Performance-related Pay in the private sector.
The General Schedule (GS) is the predominant pay scale within the United States civil service. The GS includes the majority of white collar personnel (professional, technical, administrative, and clerical) positions. As of September 2004, 71 percent of federal civilian employees were paid under the GS. The GG pay rates are identical to ...