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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.
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]
Addition Financial (or Addition Financial Credit Union) is an American state-chartered credit union headquartered in Lake Mary, Florida. The credit union is a member-owned, not-for-profit financial cooperative with 26 branches in six counties, with its field of membership currently open to 26 counties in Florida.
Coastal Federal Credit Union is a not-for-profit, member-owned financial cooperative located in Raleigh, North Carolina. As of 2022, Coastal had $4.6 billion in assets and more than 323,000 members. As of 2022, Coastal had $4.6 billion in assets and more than 323,000 members.
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 National Credit Union Administration (NCUA) is an American government-backed insurer of credit unions in the United States, one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the Federal Deposit Insurance Corporation (FDIC), which insures commercial banks and savings institutions.
In July 2008, Media General's credit union, Media First in Richmond, Va., which had about 1,000 members and $3.2 million in assets, merged with Call Federal Credit Union. [11] In February 2020, a merger was completed with RiverTrace Federal Credit Union, bringing 1,300 members and $16 million in assets to the combined organization. [12]
Federal credit union, in the US; Florida Credit Union, an American financial institution; Foreign & Colonial Eurotrust, a British investment trust; Football clubs