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Number of employees. 620. Website. ascend.org. Ascend Federal Credit Union (or Ascend; formerly AEDC Federal Credit Union) is a federally chartered credit union based in Tullahoma, Tennessee. Ascend is regulated and insured through the National Credit Union Administration (NCUA). Ascend has over 260,000 members and $3.9 billion USD in assets.
e. The National Credit Union Administration ( NCUA) is an American government-backed insurer of credit unions in the United States, one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the Federal Deposit Insurance Corporation, which insures commercial banks and savings institutions.
Banking in theUnited States. Credit unions in the United States served 100 million members, comprising 43.7% of the economically active population, in 2014. [1] [2] U.S. credit unions are not-for-profit, cooperative, tax-exempt organizations. [3] The clients of the credit unions become partners of the financial institution and their presence ...
The National Credit Union Administration is the U.S. independent federal agency that supervises and charters federal credit unions. As of December 31, 2022, there were 4,760 federally insured credit unions in the United States with 135.3 million members.
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.
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.
State ECU (also known as State Employees Credit Union of New Mexico or SECU New Mexico) is a federal not-for-profit [2] credit union headquartered in Santa Fe, New Mexico. As of 2019, State ECU has $569 million in assets, over 48,000 members, and eight branches in the New Mexico. [3] Deposits by the members are regulated and insured by National ...
Urban. Nickname. Saluqis. Website. www .southwest .tn .edu. Southwest Tennessee Community College is a public community college in Memphis, Tennessee. As the product of a merger between two colleges in 2000, the school has two campuses in Memphis and several satellite centers. It is operated by the Tennessee Board of Regents .