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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.
Credit union members with share accounts in multiple ownership groups will receive up to $250,000 in coverage for each ownership group. The NCUSIF insures the following ownership groups up to ...
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]
Headquarters in St. Joseph, Michigan. United Federal Credit Union (UFCU) is an American federally chartered credit union based in St. Joseph, Michigan. Originally chartered in 1949, UFCU has more than 194,000 Members in all 50 states and the District of Columbia. The credit union assets in excess of $4.0 billion as of April 2024.
Frankenmuth Credit Union was recognized in 2020 by Forbes and Statista as one of the best credit unions in the nation. [3] In July 2021, the company introduced services specifically for the cannabis industry in Michigan. [8] [9] The company merged with Owosso WBC Federal Credit Union on July 31, 2021, keeping the Frankenmuth Credit Union name. [10]
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Ford Engineering Employees Federal Credit Union was founded by employees of Ford Motor Company Engineering and Styling in February 1950. The Dearborn, Michigan, credit union changed its name to Ford Dearborn Federal Credit Union in 1954 and then to Dearborn Federal Credit Union in 1960. In 2003, the credit union renamed itself DFCU Financial. [4]
LaPorte County [5] is a county located in the U.S. state of Indiana.As of 2020, the population was 112,417. [6] The county seat is the city of La Porte, [7] and the largest city is Michigan City.