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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 ...
Due to their small size and limited exposure to mortgage securitizations, credit unions weathered the financial crisis of 2008 reasonably well. However, two of the biggest corporate credit unions in the United States ( U.S. Central Credit Union and WesCorp) with combined assets of more than $57 billion were taken over by the National Credit Union Administration [9] on March 20, 2009.
CommunityAmerica Credit Union (CACU) is a credit union headquartered in Lenexa, Kansas, regulated under the authority of the Missouri Division of Credit Unions and the National Credit Union Administration (NCUA) of the U.S. federal government.
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Community Credit Union of Florida, a Brevard County-based, member-owned financial cooperative, recently celebrated the opening of a new full-service branch and residential and lending center at ...
A community federal credit union, is a credit union in the United States that are based upon the cooperative concept but differs in its scope of membership in that it is based on geographical membership.
Community First Bank is an Australian member or customer-owned community-focused bank established in Sydney in 1959 as Sydney Water Board Officers Credit Union with branches in Sydney and the central coast region
DuTrac Community Credit Union ( DCCU) is an American non-profit cooperative financial institution based in Dubuque, Iowa. [1] DCCU serves 34 counties in Iowa, Illinois, and Wisconsin.