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However, the July Fed meeting brought the federal funds target rate to 5.25 to 5.5 percent — the 11th increase since the beginning of 2022 and a 22-year high.
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.
OCUS headquarters have been in Cincinnati, Ohio (1934-1945), Columbus, Ohio (1945-1998), Dublin, Ohio (1998-2008), and moved back to Columbus, Ohio, in 2008. [citation needed] Under OCUS, the State of Ohio is divided into thirteen chapters, with affiliated credit unions assigned to the chapters based on their geographic location. [citation needed]
WPCU is registered as a state-chartered credit union, [2] is the largest member-owned credit union in Ohio, [3] and is one of the 50 largest credit unions in the United States. [4] As of February 2022 [update] , WPCU has over $ 7.1 billion in assets, and over 446,000 members. [ 5 ]
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