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Call Federal Credit Union is the second-largest Richmond-based credit union. As of December 31, 2022, Call Federal Credit Union had US$522 million in assets and 30,000 members. In accordance with the Federal Credit Union Act of 1934, Call Federal Credit Union is a tax-exempt, federally chartered, federally
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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.
Federal credit unions may also be members of the National Association of Federal Credit Unions (NAFCU). [44] Credit unions can also participate in a credit union service organization (CUSO) that provides shared resources to member credit unions such as call centers, lending teams, and data centers. Participating in a CUSO allows credit unions ...
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This page was last edited on 25 December 2023, at 04:46 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Credit unions differ from banks and other financial institutions in that those who have accounts in the credit union are its members and owners, [1] and they elect their board of directors in a one-person-one-vote system, regardless of the amount they might have invested. [1]
In addition, 40 members of the Congressional Black Caucus wrote a separate letter to Navy Federal on Thursday requesting a meeting with the credit union’s CEO and asking for answers and ...