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Steinbach Credit Union (SCU) is a Canadian financial institution with over 110,000 consumer, business, and agricultural members. With more than $9.5 billion in assets, SCU is among the largest credit unions in Manitoba, and in the top 10 in Canada. It was founded in Steinbach, Manitoba, in 1941.
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]
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]
A branch of the Coastal Federal Credit Union in Raleigh, North Carolina. A credit union is a member-owned nonprofit cooperative financial institution.They may offer financial services equivalent to those of commercial banks, such as share accounts (savings accounts), share draft accounts (cheque accounts), credit cards, credit, share term certificates (certificates of deposit), and online banking.
The credit union began with $437 in assets and 17 members and was first operated from the basement of Raleigh's Agriculture Building. [6] 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.
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) .
As of March 2010, the credit union had also launched a suite of prepaid debit card products. [26] One Nevada Credit Union is consistently among the largest mortgage lenders in Clark County, Nevada. The credit union recently participated in Nevada's Hardest Hit Fund [27] and the HARP 2.0 mortgage assistance programs.
Idaho Central Credit Union (ICCU) is a state-chartered credit union in the western United States, headquartered in Chubbuck, Idaho, adjacent to Pocatello.ICCU is the largest credit union in Idaho, with numerous branches serving over 670,000 members with assets over $12 billion; its governing agency is the state's Department of Finance.
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