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Credit union-to-bank conversions. Since 1995, over 30 US credit unions have converted from credit union charters to bank charters. These conversions are generally initiated by a credit union's leadership team, rather than from the rank-and-file membership, and have created sharp controversy within the credit union industry.
The credit union began with $437 in assets and 17 members and was first operated from the basement of Raleigh's Agriculture Building. By 1960, the credit union grew to serve over 70,000 members and had assets of almost $25 million. By 2022, State Employees' Credit Union had grown to over $53.1 Billion in assets and 2.7 million members.
DCU – Digital Federal Credit Union. Digital Federal Credit Union ( DCU) is a credit union based in Marlborough, Massachusetts. [1] [2] [3] It has over 1,025,000 members [4] and is the largest credit union headquartered in New England as measured by assets, managing over US $9.9 billion. [4] DCU is regulated under the authority of the National ...
PSECU (also known as Pennsylvania State Employees Credit Union) is a state-chartered credit union headquartered in Harrisburg, Pennsylvania. [1] PSECU is a not-for-profit financial entity [2] that serves more than 480,000 members and manages over $7.5 billion in assets. [3] [4] [5] Deposits by the members are regulated and insured by National ...
Website. www .navyfederal .org. Navy Federal Credit Union (or Navy Federal) 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 (or retail) credit union in the United States, both in asset ...
WSECU Investment Management. One Washington Financial. Website. wsecu .org. Washington State Employees Credit Union (WSECU) is an American not-for-profit financial cooperative and the second largest credit union in the state of Washington. [2] Membership is open to those who live, work, or worship in the state, and their relatives.