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Commonwealth is the second-largest credit union in Kentucky and had $2.2 billion in assets, 119,000 members, and 16 branches as of January 2024. [ 1 ] [ 2 ] Commonwealth's field of membership extends to anyone residing or working in their 24-county service region. [ 3 ]
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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]
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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.
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The National Credit Union Administration (NCUA) is the government agency that insures deposits at member credit unions. When your money is in a share account with a federally insured credit union ...
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