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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]
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]
The credit union began with $437 in assets and 17 members and was first operated from the basement of Raleigh's Agriculture Building. [6] By 1960, the credit union grew to serve over 70,000 members and had assets of almost $25 million. [7] By 2022, State Employees' Credit Union had grown to over $53.1 Billion in assets and 2.7 million members.
Navy Federal Credit Union (or Navy Federal) is an American global credit union headquartered in Vienna, Virginia, chartered and regulated under the authority of the National Credit Union Administration (NCUA). Navy Federal is the largest natural member (or retail) credit union in the United States, both in asset size and in membership.
As of February 2020, VyStar has 59 full-service branches, 16 high-school branches and serves more than 700,000 members with approximately $9 billion in assets, making it the 16th-largest credit union by asset size among the more than 5,500 credit unions in the U.S. and the second-largest credit union headquartered in Florida.
The credit union had 144 customers and $62,000 in assets on 31 Dec 1955. Assets totalled $1 million in June 1963, $100 million in June 1982, and $200 million in May 1985. [6] In June 1960, the credit union's name changed from Maxwell Federal Credit Union to Maxwell-Gunter Federal Credit Union and branches were opened on Maxwell and Gunter Air ...
United Federal Credit Union’s origins date to the 1930s and 1940s, when the Nineteen Hundred Employee Credit Union (NHECU), and the Buchanan Clark Employee Credit Union (BCECU), were originally formed to serve the employees of the companies that would ultimately become the Whirlpool Corporation and the Clark Equipment Company.
Member deposits are federally insured to at least $250,000 by the National Credit Union Administration (NCUA), a U.S. government agency. The credit union has five branches and is headquartered in Arnold, Missouri. ACU is the 7th-largest credit union in St. Louis and the 9th-largest in Missouri based on asset size ($420 million as of January 2025).