The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions. The FDIC is a United States government corporation providing deposit insurance to depositors in U.S. commercial banks and savings institutions. The FDIC was created by the 1933 Banking Act, enacted during the Great Depression to restore trust in the American banking system. More than one-third of banks failed in the years before the FDIC's creation, and bank runs were common. The insurance limit was initially US$2,500 per ownership category, and this was increased several times over the years. Since the passage of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2011, the FDIC insures deposits in member banks up to US$250,000 per ownership category.
The National Credit Union Administration (NCUA) is one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the Federal Deposit Insurance Corporation, 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, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 111 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. As of September 2016, there were 5,573 federally insured credit unions, with assets totaling more than $1.38 trillion, and net loans of $957.3 billion. The NCUA exclusively insures credit unions, whereas commercial banks and savings institutions are insured by the Federal Deposit Insurance Corporation.
Alberta Treasury Branches, doing business as ATB Financial, is a financial institution and Crown corporation owned by the Province of Alberta. ATB operates in Alberta only, providing financial services to over 753,000 Albertans and Alberta-based businesses. ATB has 175 branches and 141 agencies, serving a total of 243 communities in Alberta. Wealth management services are offered by ATB Wealth. ATB has more than 5,700 employees. Headquartered in Edmonton, with total assets of C$51.9 billion, ATB is the largest Alberta-based financial institution.
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.
Citi Canada is the Canadian subsidiary of the multinational financial services group known as Citigroup. Citi Canada is headquartered in Toronto, with offices in Calgary, London, Ontario, Montreal, Mississauga, Ontario, and Vancouver.
Alterna Savings is a credit union founded in 1908 in Ottawa. It operates branches in Ontario and direct banking across Canada through its subsidiary Alterna Bank.
Alterna Bank is a full-service bank in Canada concentrating on digital offerings. It is a wholly owned subsidiary of Alterna Savings, an Ontario credit union. The bank offers chequing and high-interest savings accounts and mortgages.
Regions Financial Corporation is a bank holding company headquartered in the Regions Center in Birmingham, Alabama. The company provides retail banking and commercial banking, trust, stockbrokerage, and mortgage services. Its banking subsidiary, Regions Bank, operates 1,952 automated teller machines and 1,454 branches in 15 states in the Southern United States and Midwestern United States.
The WFCU Centre is an arena and entertainment centre in Windsor, Ontario, Canada. The WFCU Centre replaced the 84-year-old Windsor Arena as the primary home of the Windsor Spitfires. It opened on December 11, 2008, in the east end of the city. The WFCU Centre is owned by the City of Windsor, operated by Comcast Spectacor, and named for Windsor Family Credit Union.
U.S. Century Bank is a community bank in the U.S. state of Florida, locally owned and headquartered in Miami. U.S. Century Bank is a company that provides consumer and business banking services to communities throughout south Florida. It has approximately $1.1 billion in total assets, $115 million in equity capital, and a branch network that includes 11 locations throughout Miami-Dade and Broward counties. It is a member of the Federal Deposit Insurance Corporation.
Servus Credit Union is a member-owned, community-based financial institution based in Edmonton, Alberta, and in 2015 became the second largest credit union in Canada and the largest credit union in Alberta. Servus has around 380,000 members who are served by close to 2,400 employees from 102 locations in 59 communities across Alberta and as of 2016 has $13.2 billion in assets under its administration.
Michigan State University Federal Credit Union (MSUFCU), headquartered in East Lansing, Michigan, is the largest university-based credit union in the world in membership and asset size. MSUFCU is a federal credit union chartered and regulated under the authority of the National Credit Union Administration (NCUA). A variety of financial products and services are provided by MSUFCU including deposit accounts, personal and business loans, investments and insurance. MSUFCU is owned and operated by members of the Michigan State and Oakland University communities. As of January 2019, MSUFCU has nineteen branches, a membership of over 274,000, more than $4.3 billion in assets, and nearly 900 employees.
Meridian Credit Union Ltd. is a Canadian credit union. It was formed April 1, 2005, following the merger of Niagara Credit Union and HEPCOE Credit Union. It is insured by the Deposit Insurance Corporation of Ontario.
Libro Credit Union, Libro, or Libro Credit Union Limited, is a credit union based in London, Ontario. Libro is owned by its owners, who direct the institution's decisions. Libro offers many financial services, including chequing and savings accounts, loans, mortgages, investments, financial coaching and advice for consumers and farm and business owners. Deposits are insured by the Deposit Insurance Corporation of Ontario (DICO).
Vancouver City Savings Credit Union, commonly referred to as Vancity, is a member-owned financial co-operative headquartered in Vancouver, British Columbia. By asset size, Vancity is the largest community credit union in Canada as of 2018, with CA$27.4 billion in assets plus assets under administration, 59 branches and more than 534,000 members.
Canada has the highest per-capita membership in credit unions in North America. More than a third of the population is a member of at least one credit union. Credit union membership is largest in Quebec, where they are known as caisses populaires, and in western Canada.
DUCA Financial Services Credit Union Limited, commonly shortened to DUCA Credit Union, is a Canadian credit union. Financial products include chequing and savings accounts, loans, mortgages, insurance and small business products. It is a member-owned institution and its deposits are insured through the Deposit Insurance Corporation of Ontario.
Your Credit Union (YourCU.com) is a credit union in Ontario, Canada mainly serving members across the Ottawa-Carleton, Cornwall, and rural Eastern Ontario regions. It is incorporated under the Credit Unions and Caisses Populaires Act, 1994, and is a member of the Deposit Insurance Corporation of Ontario and of Central 1 Credit Union.
Texas Dow Employees Credit Union (TDECU) is a credit union based in Lake Jackson, Texas, with 40 additional branch offices in Texas. TDECU is the largest Houston-area credit union, and fourth largest in the state of Texas, with over 263,000 members and assets of $3.05 billion as of June 2017. In 2014, they purchased the naming rights to the University of Houston Cougars football stadium, TDECU Stadium.
