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California Credit Union (CCU), previously known as the Los Angeles Teachers Credit Union, is a state-chartered credit union in Southern California that focuses on providing financial services to residents of three Southern California counties as well as teachers and others in the education community. [1] [2] [3]
They pooled $1,200 and established Orange County Teachers Credit Union with a California state charter. A switch to a federal charter in 1985 added Federal to its name. At the end of 2017, SchoolsFirst FCU reported $14.12 billion in assets, making it the fifth-largest credit union in the United States by asset size.
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It was originally called the Santa Clara County Employees Credit Union and was first located at 1090 N. First Street in San Jose, California. In 1987, the union was federally chartered through the National Credit Union Administration, [7] and in 1997, it reached $200 million in assets, placing it in the top three percent of US credit unions by ...
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 ]
Founded in 1927, East Bay Postal Credit Union merged with and into Pacific Postal Credit Union July 1, 2012, continuing consolidation within the industry. Throughout the years, the League's headquarters moved from the Bay Area to Pomona to Rancho Cucamonga to its current location in Ontario, California.
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Patelco Credit Union is a member owned, not-for-profit credit union that serves Northern California, particularly the San Francisco Bay Area. Founded in 1936, it is one of the oldest and largest credit unions in the country. With more than $9 billion in assets, [2] it is the 22nd largest credit union in the country. [3]
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