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In 2001, Valley Credit Union – formerly Morris CU (1947) and Dominion City CU (1946) amalgamated with Morden CU to form Agassiz Credit Union. Altona Credit Union, Dufferin Credit Union, Heartland Credit Union and Agassiz Credit Union merged in 2009 to form Access Credit Union. [5] [6] [7] Lowe Farm Credit Union (1938) joined in 2010. [8]
The State Employees’ Credit Union Board of Directors chartered the SECU Foundation to help identify and address community issues that are beyond the normal scope of State Employees’ Credit Union. Funding is provided by individual members that make the contribution, enforcing the core concept of State Employees’ Credit Union as a member ...
The motivation for the banking union was the fragility of numerous banks in the Eurozone, and the identification of a vicious circle between credit conditions for these banks and the sovereign credit of their respective home countries ("bank-sovereign vicious circle").
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Golden 1 Credit Union (or Golden 1) is a credit union headquartered in Sacramento, California. Golden 1 currently serves its members throughout California with more than 70 branches and over 30,000 CO-OP ATMs nationwide. [2] Founded in 1933 as California State Employees Credit Union #1, it changed its name to Golden 1 in 1977.
The 1980s saw a trend of banks and credit unions, often at the urging of state-level insurers, shifting to federal insurers, the Federal Deposit Insurance Corporation (FDIC) or the National Credit Union Administration (NCUA). The trend became particularly pronounced after Ohio and Maryland, the largest state-chartered funds, collapsed in 1985 ...
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