Company type | Credit union |
---|---|
Industry | Financial services |
Founded | 1949 |
Headquarters | , |
Key people | Joseph Whitaker (President/CEO), Douglas R. Murphy (Chairman) |
Products | Savings; checking; consumer loans; mortgages; credit; Certificates; IRAs; and Financial Planning. |
Website | www |
SkyOne Federal Credit Union is an American credit union that focuses on employees working in the aeronautics and space sector and their relatives. The credit union is headquartered in Hawthorne, California and is federally insured by the National Credit Union Administration and is an Equal Housing Lender. [1] [2] It offers financial services to all who qualify.
SkyOne Federal Credit Union was founded in July 1949 as CAA First Federal Credit Union with eight members to serve the Civil Aeronautics Administration employees and their dependents. [3] In 1978, the credit union changed its name from CAA to FAA and was serving FAA employees in 13 Western states. [3]
In January 2010 FAA First FCU again changed its name to SkyOne FCU in order to reflect as a nationwide brand. [4] The new branding helped the credit union to better identify with its membership open to those working in the air transportation industry. [5] In 2008, SkyOne partnered with the United Insurance Partners to give its members access to purchase auto, homeowner and RV insurance from more than 15 insurance providers at competitive rates. [6]
As of 2024, SkyOne FCU had $1 Billion in assets, and over 60,000 members worldwide. [7] [8]
SkyOne's field of membership is set by the National Credit Union Administration. As with all credit unions, membership in SkyOne used to be limited to individuals sharing the common bond defined in its credit union charter. Membership in SkyOne is no longer limited to air transportation employees and their dependents who live and work in the United States. Anyone in good standing with ChexSystems can join by selecting either CA PTA, Surfrider Foundation, American Consumer Council, or Friends of Madrona Marsh when applying. You also have to be in good standing with SkyOne Federal Credit Union. [9]
SkyOne offers a suite of account services offered by most financial institutions, including checking and savings accounts, individual retirement accounts, money market accounts, auto and motorcycle loans, personal loans, lines of credit options, real estate loans, mortgage loans, home equity loans, certificates, and credit cards. The company also provides online and mobile banking, insurance, financial planning, investment, and online bill pay options. [10]
2014- Received the Marketing award from the Internet Marketing Association. [11] 2015- Awarded for outstanding communications by the Marketing Association of Credit Unions [12] 2016- Honored with a Diamond award by the Credit Union National Association. [13] The SkyOne FCU building was used as the exterior shots of the Miami-Dade Crime Lab in CSI: Miami from 2002 to 2012. This is where the building got its most notable recognition.
A credit union is a member-owned nonprofit cooperative financial institution. They may offer financial services equivalent to those of commercial banks, such as share accounts, share draft accounts, credit cards, credit, share term certificates, and online banking. Normally, only a member of a credit union may deposit or borrow money. In several African countries, credit unions are commonly referred to as SACCOs.
The Canada Deposit Insurance Corporation is a Canadian federal Crown Corporation created by Parliament in 1967 to provide deposit insurance to depositors in Canadian commercial banks and savings institutions. CDIC insures Canadians' deposits held at Canadian banks up to C$100,000 in case of a bank failure. CDIC automatically insures many types of savings against the failure of a financial institution. However, the bank must be a CDIC member and not all savings are insured. CDIC is also Canada's resolution authority for banks, federally regulated credit unions, trust and loan companies as well as associations governed by the Cooperative Credit Associations Act that take deposits.
SchoolsFirst Federal Credit Union is a federally chartered credit union that serves the educational community in California. It is headquartered in Tustin, California, and has branches throughout California. Before April 14, 2008, it was named Orange County Teachers Federal Credit Union, or OCTFCU.
Partners Federal Credit Union is a federally chartered credit union with corporate headquarters in Burbank, California. The not-for-profit financial cooperative offers membership to employees and cast members of The Walt Disney Company and their family members. As of December 2016, the credit union has thirteen branches, in excess of 180,000 members and over $1.9 billion in assets.
America First Credit Union (AFCU) is a federally chartered credit union headquartered in Riverdale, Utah, United States. As of January 2020, America First was the sixth largest credit union in the United States in terms of total membership and eighth largest credit union in assets in the U.S.
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.
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.
Stanford Federal Credit Union is a federally chartered credit union located in Palo Alto, California. It provides banking services to the Stanford community. Stanford FCU has over $3.6 billion in assets and serves over 80,000 members.
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.
Call Federal Credit Union is a federally insured, not-for-profit financial cooperative headquartered in Richmond, Virginia. It is regulated under the authority of the National Credit Union Administration (NCUA) of the U.S. federal government. Call Federal Credit Union is the second-largest Richmond-based credit union. As of December 31, 2022, Call Federal Credit Union had US$522 million in assets and 30,000 members. In accordance with the Federal Credit Union Act of 1934, Call Federal Credit Union is a tax-exempt, federally chartered, federally insured, not-for-profit financial cooperative. Call Federal Credit Union accounts are insured up to $250,000 through the NCUA, which is comparable to the insurance provided to accounts at traditional banks via the Federal Deposit Insurance Corporation.
Canada has significant per-capita membership in credit unions, representing more than a third of the working-age population. Credit union membership is largest in Quebec, where they are known as caisses populaires, and in western Canada.
Technicolor Federal Credit Union is an American federally chartered multiple common-bond credit union based in Burbank, California. It is a cooperative financial institution that is owned and controlled by its members and operated for the purpose of offering lower rates on loans, lower fees on services and higher returns on savings.
Actors Federal Credit Union (ActorsFCU) is an American federally chartered credit union—a cooperatively run, not-for-profit financial institution, owned and controlled by its members. Based in New York City, New York, ActorsFCU is regulated and insured by the National Credit Union Administration (NCUA), an agency of the U.S. Federal Government comparable to the Federal Deposit Insurance Corporation. It is the 49th largest credit union in the state of New York and the 993rd largest credit union in the nation. It has an overall health score at DepositAccounts.com of a B, with a B+ Texas ratio. Currently led by Chuck Brown, ActorsFCU serves over 26,000 members of more than 190 organizations nationwide with assets of more than $300,000,000. ActorsFCU has 54 full-time employees with a main office and 4 branch offices.
United Heritage Credit Union is a credit union headquartered in Austin, Texas, chartered and regulated under the authority of the Texas Credit Union Department and federally insured by the National Credit Union Administration. United Heritage Credit Union has over $1 billion in assets.
Hawaiian Financial Federal Credit Union is a member-owned financial institution in Honolulu, Hawaii. The credit union is administered and regulated by the National Credit Union Administration (NCUA) and insured by the National Credit Union Share Insurance Fund (NCUSIF). Hawaiian Financial Federal Credit Union is the fourth largest credit union in Hawaii. As of 2012, it has a total of $512.3 million USD in assets, serving more than 50,000 members, and seven office branches. As of March 2018, the President of the credit union is Norman Okimoto. HiTel FCU is guided by the principle, "We are people helping people make their dreams come true by being their financial institution of choice."
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.
Tech CU (Technology Credit Union) is an American credit union that is based in the Bay Area, California. Tech CU provides banking services, such as checking accounts, savings accounts, investment services, loans and business banking solutions to its members.
Langley Federal Credit Union is a US credit union headquartered in Newport News, Virginia, chartered and regulated under the authority of the National Credit Union Administration (NCUA). Langley FCU is one of the 100 largest credit unions in the United States. As of November 2022, Langley FCU has $5.1 billion USD in assets and over 351,000 members. The credit union has 21 branches in the Hampton Roads area of Virginia.
Ascend Federal Credit Union is a federally chartered credit union based in Tullahoma, Tennessee. Ascend is regulated and insured through the National Credit Union Administration (NCUA).
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 September 2023, Apple FCU had more than 240,000 members and over $4 billion USD in assets, making it larger than over 90% of federal credit unions in the United States.