What is a Credit Union?
A credit union is a group of people who save together and lend to each other at a fair and reasonable rate of interest. Credit unions offer members the chance to have control over their own finances by making their own savings work for them. Regular savings form a common pool of money, which in turn provides many benefits for members.
The definition most commonly seen is: A financial cooperative organizations of individuals with a common affiliation (such as employment, labor union membership, or place of residence). Credit unions accept deposits of members, pay interest (dividends) on them out of earnings, and primarily provideconsumer installment credit to members.
Find more information on credit union banking services.
Learn more about Credit Union Leagues.
What are they? Where are they located? Members?
Would you like a free mortgage quote? Refinance, Home Equity, Debt Consolidation, or Purchase.
We have found that alot of people are interested in refinancing or getting a mortgage from a credit union. So we decided to look up the larger credit unions and do a review of their mortgage services. Now remember we are not associated to any credit unions, we just believe that credit unions offer better customer service than banks do.
With more than 70 years of experience and over 650 thousand members, Pentagon Federal Credit Union is one of the strongest credit unions in the world.
Since 1933, Navy Federal Credit Union has grown from seven members to become the largest credit union in the world with over 2.8 million members.
With 20 branches in New York, ESL Federal Credit Union offers deposit accounts, credit cards, & investment products.
The second largest financial institution in Alaska is Alaska USA Federal Credit Union with over 275 thousand members.
Oklahoma's largest credit union, Tinker Federal Credit Union, serves the employees of over 400 area companies.
GTE Federal Credit Union
Offering loans in California, Arizona, & New Mexico Arrowhead Credit Union offers varied mortgage preograms.
Municipal Credit Union
Articles:
Should you consider a Debt Consolidation Loan?
Are you interested in learning about what is happening in the Credit Union and Banking Industry?
We have gathered news about credit unions. We plan to develop this section more over the next couple months. Check back for the updates.
Credit Union Headlines:
Calendar
San Antonio Express-News/KENS 5 - Feb 8, 2008 Coverage of business news from San Antonio and South Texas
Full Story: http://www.mysanantonio.com/business/stories/MYSA020908.02C.BizCal.2e3db8a.html
Credit union holds annual meeting Montgomery Advertiser - Feb 5, 2008 The Montgomery-based Alabama State Employees Credit Union will hold its annual meeting at 2:30 p.m. today in the Gordon Persons Building auditorium.
Full Story: http://www.montgomeryadvertiser.com/apps/pbcs.dll/article%3fAID=/20080205/BUSINESS/802050315
Wings Financial to be Official Credit Union of Organization of Black Airline Pilots Centre Daily Times - Feb 5, 2008 Wings Financial Federal Credit Union today announced that it has been selected by the Organization of Black Airline Pilots (OBAP) as its official credit union. As part of the agreement, Wings Financial and OBAP will jointly market the credit union's financial services to the OBAP membership and will work together on educational outreach efforts to young African Americans considering a career in ...
Full Story: http://www.centredaily.com/business/story/381040.html
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Manchester Municipal FCU membership is only offered to municipal employees and retirees of the Town of Manchester and their extended families. Clara Barton Federal Credit Union serves the American Red Cross employees and retirees and American Red Cross volunteers. Paho/Who Federal Credit Union field of membership is comprised of employees of the Pan American Health Organization (PAHO) and selected affiliates. East End Baptist Tabernacle FCU is headquarted in Bridgeport, Connecticut. Brand-Rex Employees CU is headquarted in Williamantic, Connecticut. Arizona Federal Credit Union (27) is available to anyone who lives, works, worships or attends school within Maricopa County, Pinal County or the City of Tucson is eligible to join Arizona Federal. Jordan Mutual Benefit Association CU is headquarted in Bloomfield, Connecticut. Metropolitan Baptist Church FCU is headquartered at 1225 R Street NW, Washington, DC 20009. Tacomis Federal Credit Union is headquartered at 500 E Street, SW, Washington, DC 20436. Pitney Bowes Employees Federal Credit Union is dedicated to providing financial instruments to meet the needs of their employees and their families.
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