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Telhio is federally insured by the National Credit Union Administration (NCUA), which insures accounts in federal and most state-chartered credit unions in the United States up to $250,000. Additionally, Telhio carries Excess Share Insurance, which insures personal accounts an additional $250,000, for a total of $500,000 in deposit insurance.
The National Credit Union Administration is the U.S. independent federal agency that supervises and charters federal credit unions. As of December 31, 2022, there were 4,760 federally insured credit unions in the United States with 135.3 million members.
Navy Federal Credit Union. Over 300 branches, strong customer service. Military members are eligible to join. Connexus Credit Union. Free checking accounts, over 54,000 ATMs. $5 donation.
The Ohio Credit Union System is an Ohio-based American trade association for credit unions.The Ohio Credit Union System is composed of the Ohio Credit Union League (a credit union league), the Ohio Credit Union Foundation (a non-profit organization), OCULPAC (a lobbying organization), and OCUL Services Corp., a service & solutions supplier for credit unions.
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On October 3, 2009, the Federal Deposit Insurance Corporation named Huntington as receiver of a $400 million deposit portfolio from the bank failure of Warren Bank in Warren, Michigan. [39] [40] [41] On December 18, 2009, Huntington signed a 45-day lease with the FDIC to run a bridge bank for the failed Citizens State Bank in New Baltimore ...
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]