AFL–CIO Employees Federal Credit Union
 | |
| Credit union | |
| Industry | Financial services |
| Founded | 1952 |
| Headquarters | Washington D.C., United States |
Area served | AFL-CIO employees and their families |
| Products | Savings; checking; consumer loans; mortgages; credit cards; online banking |
| Total assets | $76M USD |
| Website | aflcioefcu.org |
The AFL–CIO Employees Federal Credit Union is a multiple common bond, federally chartered credit union headquartered in Washington, D.C. The credit union was founded in 1952 for members of the AFL-CIO. It currently has two locations serving 9,723 members. AFL-CIO Employees FCU has assets of $76 million.[1][2]
The economic downturn of 2008 negatively affected the credit union with large losses in the first half of the year.[3]
Membership
Employees of the AFL-CIO are eligible for membership in the credit union as are employees of affiliated AFL-CIO International Unions, constitutional departments of the AFL-CIO, and state or local central labor bodies. Eligibility is also extended to members of the Office and Professional Employees International Union - Local 2, the United Food and Commercial Workers - Local 400, the National Football League Players Association and the International Union of Painters and Allied Trades, District Council 51.[4]
See also
References
- ↑ AFL-CIO Employees Federal Credit Union profile. Credit Union Access.
- ↑ Three Small Credit Unions, One Cost-Cutting Idea. Credit Union Journal. 22 April 2009.
- ↑ Switzky, Bryant Ruiz. Financial crisis hits Washington-area credit unions. Washington Business Journal. 7 Nov. 2008.
- ↑ AFL-CIO Employees Federal Credit Union Partners with Identity Theft 911. Business Wire. 10 July 2007.