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This is a 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]
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]
MAX Credit Union is a state-chartered credit union based in Montgomery, Alabama.The Birth place of the civil rights movement. MAX Credit Union operates 18 locations in five counties in Central and East Alabama and as of January 2021 had US$1.77 billion in assets and 116,418 member owners. [1]
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Your mother might have had a Christmas club account. You might remember her faithfully depositing $5 or $10 a week all year long to save up for the holidays.
A branch of the Coastal Federal Credit Union in Raleigh, North Carolina. A credit union is a member-owned nonprofit cooperative financial institution.They may offer financial services equivalent to those of commercial banks, such as share accounts (savings accounts), share draft accounts (cheque accounts), credit cards, credit, share term certificates (certificates of deposit), and online banking.
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