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Delta Community Credit Union is a credit union headquartered in Georgia, a state in the United States. Delta Community Credit Union has $8.5B in assets and more than 430,000 members. [3]
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] Credit unions in the United States may either be chartered by the federal government [2] or a state government. [3] The National Credit Union ...
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The Federal Deposit Insurance Corporation federally insures most traditional banks in case of failure. But credit unions are not considered traditional banks. Is a credit union FDIC insured?
Credit unions in the United States served 100 million members, comprising 43.7% of the economically active population, in 2014. [1] [2] U.S. credit unions are not-for-profit, cooperative, tax-exempt organizations. [3] The clients of the credit unions become partners of the financial institution and their presence focuses in certain ...
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