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] Credit unions in the United States may either be chartered by the federal government [2] or a state government. [3] The National Credit Union Administration is the U.S. independent federal agency that supervises and charters federal credit unions. As of December 31, 2022, there were 4,760 federally insured credit unions in the United States with 135.3 million members. [4]
| Name | Headquarters | Type | Charter Number | Charter Year | Status | Field of Membership |
|---|---|---|---|---|---|---|
| 1st Nor Cal [5] | Martinez, California | FISCU | 68668 | 1949 | Active | Any and all persons who live, regularly work, currently attend school, or currently worship in Contra Costa, Solano, or Alameda counties, as well as any and all businesses, corporations, and other legal entities in those counties. [6] |
| 1166 [7] | Swedesboro, New Jersey | FCU | 1166 | 1936 | Active | |
| 1199 SEIU [8] | New York, New York | FCU | 24670 | 1940 | Active | Must be an active 1199 SEIU Healthcare Workers East member. [9] |
| 167th TFR [10] | Martinsburg, West Virginia | FCU | 13028 | 1959 | Active | Must be an active 1199 SEIU Healthcare Workers East member. [11] |
| 3 - C [12] | Kansas | FISCU | 61871 | 1955 | Inactive | |
| 501 Electrical Workers [13] | New York | FCU | 23082 | 1978 | Inactive | |
| 802 [14] | Barre, Vermont | FISCU | 62983 | 1953 | Active | Live, work, or worship in Vermont or in Grafton, Sullivan, or Cheshire County in New Hampshire – or be related to a current member of 802CU. [15] |
| New England [16] | Williston, Vermont | FCU | 19263 | 1969 | Active | Employees of the State of Vermont, the Vermont State Employees' Association, the Vermont State Colleges, the Vermont Foodbank, the Vermont Community Loan Fund, the Green Mountain United Way, IBM and working in ME, MA, RI, VT, or Hartford or Litchfield counties in CT, UVM Health Network and work or are paid from Burlington, VT. Members of the Vermont General Assembly, the Northeast Sustainable Energy Association, the Washington Electric Cooperative, the American Consumer Council, or the Financial Fitness Association. NEFCU will provide a complimentary one-year membership to the American Consumer Council for anyone wishing to join the Credit Union. [17] |
The National Credit Union Administration (NCUA) is an American government-backed insurer of credit unions in the United States, one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the Federal Deposit Insurance Corporation (FDIC), which insures commercial banks and savings institutions. The NCUA is an independent federal agency created by the United States Congress to regulate, charter, and supervise federal credit unions. With the backing of the full faith and credit of the U.S. government, the NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 124 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. Besides the Share Insurance Fund, the NCUA operates three other funds: the NCUA Operating Fund, the Central Liquidity Facility (CLF), and the Community Development Revolving Loan Fund (CDRLF). The NCUA Operating Fund, with the Share Insurance Fund, finances the agency's operations.
Citizens Equity First Credit Union is a federally insured credit union based in Peoria, Illinois, commonly referred to by its registered trademark, CEFCU.
Security Service Federal Credit Union (SSFCU) is a credit union headquartered in San Antonio, Texas, federally chartered and federally insured by the National Credit Union Administration (NCUA). With more than $10.5 billion in assets, Security Service serves more than 800,000 members, and operates 66 locations in Texas, Colorado and Utah. The credit union is a member of the CU Service Centers shared branching network.
Desert Financial Credit Union is a credit union based in Phoenix, Arizona, that operates 47 branches and service centers throughout Coconino, Gila, Maricopa, Pinal, and Yavapai counties and now statewide in Arizona. Desert Financial remains federally insured by the NCUA and in addition will be regulated by the Arizona Department of Financial Institutions, which regulates state chartered credit unions in Arizona. Desert Financial is the largest credit union in Arizona, managing nearly $8.5 billion in assets as of October 2022.
Merck Sharp & Dohme Federal Credit Union (MSDFCU) is an American not-for-profit credit union based in Pennsylvania. It is federally chartered and insured by the National Credit Union Administration (NCUA) and was founded in 1950.
TruStage Financial Group, Inc., formerly known as CUNA Mutual Group, is a mutual insurance company that provides financial services to cooperatives, credit unions, their members, and other customers worldwide. TruStage Financial Group sells commercial and consumer insurance and protection products. TruStage Financial Group provides retirement plan services to small businesses and credit union employees. The Madison, Wisconsin-based company also provides auto, home, life and loan protection products to credit union members through its TruStage brand.
First Tech Federal Credit Union is a federally chartered credit union headquartered in Hillsboro, Oregon. It is regulated under the authority of the National Credit Union Administration (NCUA). First Tech has over 650,000 members, and over 12 billion dollars in assets with 33 branches located mostly in high technology business centers of California, Colorado, Oregon, Washington and four other states. It was the first financial institution to offer telephone interactive voice response access and online banking.
The UNO Federal Credit Union, or UNOFCU, was chartered in 1972 by the National Credit Union Administration (NCUA) to serve the faculty, staff, and students of the University of New Orleans (UNO). Currently located in New Orleans, Louisiana, it has one branch located on the Lakefront main campus of UNO and serves approximately 5,000 members, with assets of over $25 Million USD. UNOFCU is also a member of the East Orleans Chapter of the Louisiana Credit Union League.
Credit unions in the United States served 100 million members, comprising 43.7% of the economically active population, in 2014. U.S. credit unions are not-for-profit, cooperative, tax-exempt organizations. The clients of the credit unions become partners of the financial institution and their presence focuses in certain neighborhoods because they center their services in one specific community. 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. Total credit union assets in the U.S. reached $1 trillion as of March 2012. Approximately 236,000 people were directly employed by credit unions per data derived from the 2012 National Credit Union Administration (NCUA) Credit Union Directory. As of 2019, there were 5,236 federally insured credit unions with 120.4 million members, and deposits of $1.22 trillion.
Denali. A division of Nuvision Credit Union is a credit union based in Anchorage, Alaska, United States. The credit union serves communities throughout Alaska, and Washington. It is the third largest credit union in Alaska. Denali has grown to add Denali Home Loans, Denali Investment Services and Denali Business Lending and Business Service to its list of services.
DFCU Financial is a state-chartered credit union headquartered in Dearborn, Michigan, regulated by Michigan's Department of Licensing and Regulatory Affairs (LARA). DFCU Financial is one of Michigan's largest credit unions. As of October 2021, DFCU Financial had approximately $6 billion in assets, 232,000 members, and 27 branches in Metro Detroit, Ann Arbor, Grand Rapids and Lansing.
Wright-Patt Credit Union (WPCU) is a US credit union or financial cooperative headquartered in Beavercreek, Ohio. The credit union was originally headquartered in Fairborn, Ohio; however, it relocated in early 2014. WPCU is registered as a state-chartered credit union, is the largest member-owned credit union in Ohio, and is one of the 50 largest credit unions in the United States. As of February 2022, WPCU has over $7.1 billion in assets, and over 446,000 members. WPCU is federally insured by the National Credit Union Administration (NCUA), which insures accounts in federal and most state-chartered credit unions in the United States. Deposits with Wright-Patt Credit Union are insured to $250,000.
First Entertainment Credit Union is a state-chartered, natural person (retail) credit union – a cooperative financial institution that is owned and controlled by its members and operated for the purpose of providing credit at competitive rates and other financial services to its members. Headquartered in Hollywood, California, First Entertainment Credit Union is regulated under the authority of both the California Department of Financial Protection and Innovation (DFPI) and the National Credit Union Administration (NCUA), an agency of the U.S. federal government.
Randolph-Brooks Federal Credit Union (RBFCU) is a credit union headquartered in Live Oak, Texas, chartered and regulated under the authority of the National Credit Union Administration (NCUA). RBFCU serves more than 1 million members from a network of full-service branch locations in Texas, and has more than $18 billion in assets as of March 2024. It is the largest credit union in Texas and the 10th largest credit union in the United States, based on total assets.
Michael E. Fryzel is an American attorney with offices in Chicago, Illinois. Following the 2016 general election, Fryzel served on election-winner Donald Trump's transition team and developed the Agency Action Plan for the National Credit Union Administration.
Southland Credit Union is a not-for-profit community-chartered credit union in California, United States serving the residents of Orange County and Los Angeles County. They have over 60,000 members and $1 billion in assets. Southland Credit Union's member-owners get a full spectrum of financial products. Southland Credit Union was founded in 1936 to serve the financial needs of Los Angeles County employees.
Meriwest Credit Union is an American member owned, not-for-profit credit union located in San Jose, California. The credit union offers financial services to communities in the Greater San Francisco Bay Area.
John Mark McWatters is a lawyer, accountant and former board member of the National Credit Union Administration (NCUA). He was appointed by President Donald Trump on June 23, 2017, to serve as the tenth board chairman of the NCUA, and resigned from the NCUA Board on November 20, 2020.
Robins Financial Credit Union is a credit union based in Warner Robins, Georgia. Robins Financial is the 2nd largest credit union in the state of Georgia. As of March 31, 2022, Robins Financial has over 243,000 members and over $4 billion in assets. Robins Financial operates 22 branch locations throughout the state of Georgia.
State ECU(also known as State Employees Credit Union of New Mexico or SECU New Mexico) is a federal not-for-profit credit union headquartered in Santa Fe, New Mexico. As of 2019, State ECU has $569 million in assets, over 48,000 members, and eight branches in the New Mexico. Deposits by the members are regulated and insured by National Credit Union Administration (NCUA) under latter's western region jurisdiction.
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