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:
St. Jean's Credit Union in Lynn robbed
The Daily Item - Feb 8, 2008 LYNN - Police are investigating the robbery of the St. Jean's Credit Union at the corner of Western Avenue and Franklin Street that occurred shortly before 5 p.m. Thursday..
Full Story: http://www.itemlive.com/articles/2008/02/08/news/news08.txt
For the record
The Indianapolis Star - Feb 17, 2008 Relocations Bryce Taylor has moved his physical therapy practice to Capital Center at 251 N. Illinois St., Suite 190. Call (317) 634-0600.
Full Story: http://www.indystar.com/apps/pbcs.dll/article?AID=/20080218/BUSINESS/802180326
The Gift of Life
Westerly Sun - Feb 8, 2008 Give blood at an upcoming blood drive and help The Rhode Island Blood Center meet its daily demand.
Full Story: http://www.thewesterlysun.com/articles/2008/02/09/front_porch_news/doc470108f5a6e74625295911.txt
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Connecticut State Employees CU serves the employees of the state of Connecticut. Northeastern Connecticut Health Care CU is headquarted in Putnam, Connecticut. Truwest Credit Union (12) has services for anyone who lives or works, or any business located in Maricopa County, Arizona. Arnold Bakers Employees Federal Credit Union is headquarted in Greenwich, Connecticut. U-Haul Federal Credit Union services are open to all full-time and part-time Amerco employees, their immediate family members, and dealers are eligible to join. Connecticut Energy Employees Credit Union is headquarted in Bridgeport, Connecticut. Hamden Municipal Employees FCU is a member owned, not for profit cooperative financial institution. Fairfield University Employees FCU is headquarted in Fairfield, Connecticut. Geico Federal Credit Union serves employees of the GEICO Corporation and its subsidiaries, GEICO contract employees, employees of Banner Life Insurance Company, and employees of the credit union. Ledge Light Federal Credit Union membership includes Pfizer Inc. its subsidiaries, and certain employee groups working at Pfizer Inc. locations and their families or households.
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