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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.
A branch of the Coastal Federal Credit Union in Raleigh, North Carolina. 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 (savings accounts), share draft accounts (cheque accounts), credit cards, credit, share term certificates (certificates of deposit), and online banking.
History. St. Mary's Bank of Manchester, New Hampshire, holds the distinction as the first credit union in the United States.Assisted by a personal visit from Canadian credit union pioneer Alphonse Desjardins, St. Mary's Cooperative Credit Association was founded by French-speaking immigrants to Manchester from the Maritime Provinces of Canada on November 24, 1908.
STCU. STCU, Spokane Teachers Credit Union, is a credit union chartered in the state of Washington and North Idaho. It is regulated under the authority of the National Credit Union Administration (NCUA) of the federal government. Membership is open to those "live, work, worship, or attend school" in Washington state, or counties in northern Idaho.
All of their money would be protected by the NCUSIF. If that same individual has $350,000 in share accounts at one credit union, their $350,000 would only be insured up to $250,000. Credit union ...
Over his tenure, Parker saw a new on-campus stadium open in 2017 and spearheaded a 15-year, $37.7 million naming rights agreement in April 2018 with Canvas Credit Union.
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