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As of 2023, the credit union has 60 locations—primarily in the Puget Sound region of Western Washington—and 1.4 million members making it the largest credit union in Washington and fourth largest in the United States. [3] [4] [5] The Fellowship Credit Union was established in 1935 by 18 Boeing employees.
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.
One of the most significant mergers occurred in 2004 when United Savings Credit Union merged with Gulf and Fraser Fishermen's Credit Union. Another notable merger was with Pioneer Credit Union — the third credit union to be chartered in British Columbia. Pioneer Credit Union was granted charter number 003, which G&F retained for the merged ...
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Mergers of smaller credit unions with disparate membership bases often result in a credit union with a wide variety of ways to qualify to join; thus, a credit union may have a much broader "field of membership" than that credit union's name would imply. Credit unions generally follow the principle of "once a member, always a member", which ...
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America's Credit Union Museum now occupies the location of the home from which St. Mary's Bank Credit Union first operated. [ citation needed ] In November 1910 the Woman's Educational and Industrial Union set up the Industrial Credit Union, modeled on the Desjardins credit unions it was the first non-faith-based community credit union serving ...
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