Search results
Results From The WOW.Com Content Network
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]
Pages in category "Credit unions based in New York (state)" The following 12 pages are in this category, out of 12 total. This list may not reflect recent changes .
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 ).
These men—Conrad Bain, [5] Anthony Saverino, Robin Craven, Herb Nelson, Theodore Bikel, [6] Angus Duncan, and Bill Ross—formed the Actors Federal Credit Union in 1962 with the help of Leo Schwarz, Field Representative of the New York League of Credit Unions. In the late 1960s, the credit union issued its first mortgage to actor Jerry Orbach.
Carver Federal Savings, however, is the largest and oldest continually Black-operated U.S. bank. Founding Officers, Carver Federal Savings & Loan Association, New York City, 1948. M. Moran Weston already had earlier experience as the 1945-founder of a credit union, and, for Carver, had a supporting team of 14. [2] [5]
This legislation was the first to enable the formation of credit unions in the United States. Jay also became the first-ever chairman of the New York Federal Reserve in 1913 after its formation until January 1, 1927, when he was sent to Berlin to be the American member of the transfer committee under the Dawes Plan. [1]
Alternatives Federal Credit Union (AFCU) is an American credit union based in Ithaca, New York. It was founded in 1979 and is focused is on providing low cost services to small businesses, low income households and non-profit organizations.