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Type | Credit union |
---|---|
Industry | Financial services |
Founded | 1933 |
Headquarters | Seattle, Washington, United States |
Number of locations | 9 [1] |
Area served | Seattle, Washington |
Products | Savings; checking; consumer loans; mortgages; credit cards; C&I loan; investments; online banking |
Total assets | $833,839,034 [2] |
Members | 46,733 members [3] |
Website | seattlecu.com |
Seattle Credit Union is a United States credit union headquartered in Seattle, Washington, chartered and regulated under the authority of the National Credit Union Administration (NCUA).
Seattle Metropolitan Credit Union (DBA Seattle Credit Union) was founded by Seattle municipal employees in 1933 under the name City Credit Union, before taking its current name in 1997. [1] In 2003 the credit union merged with the Teamsters' Credit Union, acquiring $11 million in assets, 3,100 new members, and a single branch location on Seattle's Denny Way. [4] Another merger took place in 2007, with Credit Union Northwest. [5] In 2015, the credit union merged with Northwest Baptist Federal Credit Union. [6]
As of 2015, the chief executive officer of Seattle Credit Union is Richard Romero. [7] In 2016 the company began offering loans for people to submit and maintain their citizenship applications. [8] In 2017 the company dropped the “Metropolitan” from its official name, becoming Seattle Credit Union. At the same time, the company changed its logo and renovated some branches. [9] That year they were also designated a Juntos Avanzamos institution. [10]
Seattle Credit Union's headquarters is located on 1st Avenue South in Seattle. In addition to its administrative headquarters, Seattle Credit Union operates eight branches in Beacon Hill, Burien, Downtown Seattle, Lynnwood, Northgate, Southcenter, and Tacoma. [11]
Seattle Credit Union is a lender for commercial, residential, and personal loans and mortgages, and is a credit card provider, and issues checking and savings accounts.[ citation needed ]
Washington Mutual, Inc. was an American savings bank holding company based in Seattle. It was the parent company of WaMu Bank, which was the largest savings and loan association in the United States until its collapse in 2008.
Washington Federal, Inc.,, is an American bank based in Seattle, Washington. It operates 235 branches throughout Washington, Oregon, Idaho, Nevada, Utah, Arizona, New Mexico, and Texas.
Bendigo and Adelaide Bank, is an Australian financial institution, operating primarily in retail banking. The company was formed by the merger of Bendigo Bank and Adelaide Bank in November 2007.
Navy Federal Credit Union 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 credit union in the United States, both in asset size and in membership. As of July 2023, Navy Federal has US$165.2 billion in assets and has 13 million members.
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 throughout Texas, Colorado and Utah. Security Service is the largest credit union in San Antonio, Texas, and is among the largest credit unions in the United States. The credit union provides access to more than 5,000 credit union locations nationwide through the CU Service Centers shared branching network.
iTHINK Financial was formed in 1969 to serve the employees of IBM. iTHINK Financial is a state chartered, federally insured credit union with more than $1.5 billion in assets and more than 95,000 Members. iTHINK Financial has 22 branches located throughout Florida and Georgia and approximately 380 employees. iTHINK Financial’s headquarters are located in Delray Beach, Florida.
Michigan State University Federal Credit Union (MSUFCU) is an American credit union headquartered in East Lansing, Michigan. Primarily serving students and alumni of Michigan State University and Oakland University, MSUFCU is the largest university-based credit union in the world, and is federally chartered and regulated under the National Credit Union Administration (NCUA). MSUFCU provides a variety of financial products and services including deposit accounts, personal and business loans, investments, and insurance, among others. MSUFCU is owned by its members, which elect a board of directors to oversee its operations. As of year-end 2020, MSUFCU has 21 branches, over 300,000 members, more than $5.6 billion in assets, and nearly 900 employees.
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.
Wings Credit Union is a not-for-profit, member-owned credit union headquartered in Apple Valley, Minnesota. With assets of $8.4 billion, the credit union serves eligible Minnesota and Wisconsin counties, the metro areas of Seattle/Tacoma, Detroit, Orlando, Atlanta and employees in the air transportation industry nationwide. Wings was chartered in 1938 and is regulated by the National Credit Union Administration (NCUA).
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.
Global Credit Union is a credit union headquartered in Anchorage, Alaska, chartered and regulated under the authority of the National Credit Union Administration (NCUA). In the United States, Global is among the largest credit unions by assets, and it is among the 20 largest credit unions by membership.
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.
Summit Credit Union, founded in 1935, is a credit union that was once based in Madison, Wisconsin, United States. In 2019 they moved their headquarters to nearby Cottage Grove, Wisconsin. Since April 2022, it has 49 locations throughout the state. Summit has more than 227,000 members and $4.9 billion in assets, making it one of the largest credit unions in the state. Summit Credit Union is regulated by the National Credit Union Administration (NCUA) as a federally insured state-chartered credit union. It was officially chartered in 1935 and was assigned NCUA charter number 67190.
Arsenal Credit Union (ACU) provides financial products and services to people who live and work in the St. Louis metropolitan area. The credit union is chartered and regulated under the authority of the Missouri Division of Credit Unions. 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.
MidFlorida Credit Union is a credit union based in Lakeland, Florida. MidFlorida has 58 locations throughout the state of Florida, 421,180 members and $6.05 billion in assets as of December 31, 2021, making MidFlorida the fourth-largest credit union in the state of Florida. MidFlorida Credit Union is regulated by the National Credit Union Administration (NCUA) as a federally insured state-chartered credit union. MidFlorida was officially chartered in 1935 and was assigned NCUA charter number 68600.
Space Coast Credit Union is a state-chartered credit union headquartered in Melbourne, Florida. It is insured and regulated by the National Credit Union Administration (NCUA). As of 2022, SCCU had over 560,000 members and $7.7 billion in assets, making it the third largest credit union in Florida.
Citadel Credit Union, headquartered in Exton, Chester County, Pennsylvania, is the fourth largest credit union in Pennsylvania. It is the second largest credit union in the Greater Philadelphia area. Citadel serves Bucks, Chester, Delaware, Lancaster, Montgomery, and Philadelphia counties with 24 branch locations in Southeastern Pennsylvania. It is chartered and regulated under the authority of the National Credit Union Administration (NCUA). Citadel offers banking, and retirement and wealth management. Citadel provides services to more than 200,000 customers.
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.
The Apple Federal Credit Union is a U.S. credit union founded in 1956 and headquartered in Fairfax, Virginia, chartered and regulated under the authority of the National Credit Union Administration (NCUA). As of February 2020, Apple FCU had more than 220,000 members and over $3 billion USD in assets, making it larger than over 90% of federal credit unions in the United States.