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Total assets. $4.597 B USD (2022) Website. COASTAL24.com. Coastal Federal Credit Union is a not-for-profit, member-owned financial cooperative located in Raleigh, North Carolina. As of 2022, Coastal had $4.6 billion in assets and more than 323,000 members. [1]
Eight months in, 200,000 customers at 13 institutions still could not access their deposits worth about $1.2 billion. After a year, only 36 of the 45 institutions had reopened, and most of the biggest remained closed, including Rhode Island Central, the state's second largest credit union.
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.
All of their money would be protected by the NCUSIF. If that same individual has $350,000 in share accounts at one credit union, their $350,000 would only be insured up to $250,000. Credit union ...
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The International Longshoremen's Association ( ILA) is a North American labor union representing longshore workers along the East Coast of the United States and Canada, the Gulf Coast, the Great Lakes, Puerto Rico, and inland waterways; on the West Coast, the dominant union is the International Longshore and Warehouse Union.
Achieva Credit Union, is a state chartered credit union in the United States of America, regulated under the authority of the National Credit Union Administration (NCUA). On November 1, 2009, Sarasota Coastal Credit Union merged with Achieva Credit Union, which is headquartered in Dunedin, Florida.
The fully capitalized National Credit Union Share Insurance Fund has "fail safe" features. In 1991, when equity level dipped below 1.23 percent, the Board charged credit unions a premium to insure deposits. The enhancement of member services in the 1980s accompanied deregulation and increased flexibility in merger and field of membership criteria.