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Commonwealth is the second-largest credit union in Kentucky and had $2.2 billion in assets, 119,000 members, and 16 branches as of January 2024. [ 1 ] [ 2 ] Commonwealth's field of membership extends to anyone residing or working in their 24-county service region. [ 3 ]
This is a partial list of credit unions in the United States.. A credit union is a member-owned financial cooperative, democratically controlled by its members, and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members. [1]
Consumers Credit Union was founded in 1951 under the name Kalamazoo Consumers Power Company (KCPC) Employees Federal Credit Union, a credit union for employees of Consumers Energy. [3] [4] Consumers became a state-chartered credit union in 1964 and its services grew to include employees of the Palisades nuclear power plant in Covert, Michigan. [5]
On August 1, 2023, the CUNA and NAFCU boards of directors announced their intent to merge, forming a new entity called America's Credit Unions. [2] The merger was approved by CUNA and NAFCU members and became effective on January 1, 2024, when CUNA and longtime CUNA CEO Jim Nussle is the president and CEO of the new association.
The first credit union in North America, the Caisse populaire de Lévis in Quebec, Canada, began operations on Jan. 23, 1901, with a ten cent deposit. Founder Alphonse Desjardins , a reporter in the Canadian parliament, was moved to take up his mission in 1897 when he learned of a Montrealer who had been ordered by the court to pay nearly ...
Through the 1980s, the corporate credit union industry underwent a consolidation movement due to limited resources in the face of increasing demands or because of institution failures (ex. CapCorp, a Washington DC–based corporate credit union that failed in the 1990s). There has also been a move by the stronger corporate credit unions to ...
WASHINGTON - Robert F. Kennedy Jr. faced tough questions Wednesday about his opposition to vaccines, position on abortion and junk food as senators weigh his nomination to lead the U.S. Department ...
Citadel Credit Union is an American credit union headquartered in Exton, Chester County, Pennsylvania. Citadel serves Bucks, Chester, Delaware, Lancaster, Montgomery, and Philadelphia counties with 24 branch locations in Southeastern Pennsylvania. It is chartered and regulated under the authority of the National Credit Union Administration ...