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A community federal credit union, is a credit union in the United States that are based upon the cooperative concept but differs in its scope of membership in that it is based on geographical membership. Unlike the majority of credit unions, the community credit union is based upon geographical membership and not worksite or union commonality. [1]
The credit union was founded in June 1957, as Big Bear Employees Credit Union by a group of employees that worked for the former Big Bear Stores Company. The credit union's office was located within the headquarters of the Big Bear Stores Company, located at 770 W. Goodale Blvd. in Columbus, Ohio.
Telhio was founded as the credit union for the Columbus Telephone Co. employees, but broadened its membership in 1999. In October 2016, Telhio acquired Hamilton, Ohio based Chaco Credit Union, securing its position as the 5th largest Credit Union in the state of Ohio, ranking the 37th largest financial institution in the state.
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Its main tenant is also the building owner, Continental Real Estate. The Credit Union of Ohio operates on its ground floor. [3] The building was originally known as the Yuster Building for owner Maurice Yuster. It was designed by noted Columbus architect Frank Packard, who died about half a year before its completion in 1924. [3]
A brokered CD is a certificate of deposit you buy through a brokerage firm, instead of from a bank or credit union. Like traditional CDs, you choose a term length that comes with a set interest rate.
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.
Wright-Patt Credit Union corporate office building in Beavercreek, Ohio. Wright-Patt Credit Union is a state-chartered credit union in Ohio, federally insured by the National Credit Union Administration (NCUA). [2] Like all credit unions, WPCU is governed by a board of volunteers, elected by and from its membership. [10]