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On October 3, 1935, 1825 H Street Federal Credit Union was established and officially opened its doors in the heart of Washington, DC. The credit union was created to serve the employees of the Reconstruction Finance Corporation, the RFC Mortgage Company and the Commodity Credit Corporation. For the first few years, personal loans up to $50 (or ...
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 size and in membership.
This is a list of credit unions in the United States.. A credit union is a member-owned financial cooperative, democratically controlled by its members, and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members. [1]
The credit union was founded as Tektronix Federal Credit Union, formed by seven Tektronix employees on January 14, 1952. In 1961, the name was changed to Tektronix Employees Federal Credit Union to reflect the credit union's membership. From very early on, technical innovation was emphasized and reflected in First Tech's motto of "Think Forward ...
The Federal Credit Union Act is an Act of Congress [1] enacted in 1934. The purpose of the law was to make credit available and promote thrift through a national system of nonprofit, cooperative credit unions. This Act established the federal credit union system and created the Bureau of Federal Credit Unions, the predecessor to the National ...
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 ...
Frankenmuth Credit Union was founded in 1964 by employees of the Carling Brewery and Star of the West Milling Company. [1] [2] [3] Their original stated purpose was to serve the brewers and millers of the Frankenmuth, Michigan area. [1] [2] [3] It primarily served employees of Carling Brewery, Zeilinger Beverage, Geyer's Brewery, and Star of ...
The credit union became one of the first to offer checking accounts and credit cards in the late 1970s. [5] In the early 1980s, it introduced ATMs and banking by telephone.. In November 1993, Stanford Federal Credit Union conducted its first four internet transactions; and in 1994, it became the first financial institution to offer online banking when it launched its website; it offered online ...