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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. Total credit union assets in the U.S. reached $1 trillion as of March 2012.
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.
Location. Arlington, Virginia, United States. Chief Executive Officer. Dan Berger. Parent organization. America's Credit Unions. Website. www .nafcu .org. The National Association of Federally-Insured Credit Unions ( NAFCU) is a U.S. trade organization representing the nation's federally-insured credit unions.
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.
www .redfcu .org. Redstone Federal Credit Union (or RFCU) is an American credit union based in Huntsville, Alabama. As of 2023, Redstone Federal Credit Union is Alabama's largest credit union and is federally chartered and regulated and insured through the National Credit Union Administration (NCUA). [1]
Pentagon Federal Credit Union, widely known by its abbreviated name PenFed, is a United States federal credit union headquartered in McLean, Virginia, chartered and regulated under the authority of the National Credit Union Administration (NCUA).
The Federal Credit Union Act is an Act of Congress enacted in 1934. The purpose of the law was to make credit available and promote thrift through a national system of nonprofit, cooperative credit unions.
Arizona Financial Credit Union (or Arizona Financial) is a federally insured credit union headquartered in Phoenix, Arizona, United States. It has $3.4 billion in assets and is the second-largest credit union in the state. As of July 2022, there were 20 branch locations across Arizona.
The first working credit union models sprang up in Germany in the 1850s and 1860s, and by the end of the 19th Century had taken root in much of Europe. They drew inspiration from cooperative successes in other sectors, such as retail and agricultural marketing (see history of the cooperative movement ).
Creighton University ( / ˈkreɪtən /) is a private research university in Omaha, Nebraska. Founded by the Society of Jesus in 1878, the university is accredited by the Higher Learning Commission. In 2015 the university enrolled 8,393 graduate and undergraduate students on a 140-acre (57 ha) [6] campus just outside of downtown Omaha.