United Nations Federal Credit Union
Credit union | |
Industry | Financial services |
Founded | 1947 |
Headquarters | Long Island City, New York, United States |
Area served | United Nations staff members, its specialized agencies, retirees and their families |
Key people |
Michael N. Clark, Chairman William Predmore, President/CEO |
Products | Savings; checking; consumer loans; mortgages; credit cards; investments; insurance; youth accounts; online banking; wire/ACH services; bill payments |
Total assets | $3.4B USD (2013) |
Website | www.unfcu.org |
United Nations Federal Credit Union is a federal credit union headquartered in Long Island City, New York, U.S., chartered and regulated under the authority of the National Credit Union Administration (NCUA).
Key data
The United Nations Federal Credit Union was originally incorporated in 1947.[1] It currently has a membership of more than 100,000 members in 212 countries and territories spanning six continents, assets in excess of US$3.8 billion[2] and employs a staff of 400[3] at its headquarters in Long Island City, established in 2006.
United Nations Federal Credit Union maintains two branch offices at United Nations Headquarters in New York City as well as its own representative offices at major UN duty stations (Geneva, Vienna, Nairobi and Rome).[4] Smaller UN duty stations are served by Liaison Representatives, who are volunteer members providing information on United Nations Federal Credit Union products and services.
Membership
As with all credit unions, membership in the United Nations Federal Credit Union is limited to individuals sharing the common bond defined its credit union charter. Membership in the United Nations Federal Credit Union is limited to [5]
- Employees, consultants and retirees of the United Nations and affiliated agencies
- Employees of the United Nations International School
- Employees of the U.S. Fund for UNICEF
- Employees of the United Nations Child Care Center
- Employees of the United Nations Foundation
- Employees and members [6] of the United Nations Association
- American Employees of the UNHCR
- Family to a UNFCU member (includes spouses, parents, children, grandchildren, grandparents, brothers and sisters)
- Individuals who reside in and share financial responsibility of a household with a UNFCU member
Organization
The union is governed by a volunteer board of directors composed of current and former UN employees, elected by and from its membership.
Services
United Nations Federal Credit Union offers the typical suite of account services offered by most financial institutions, including savings accounts, checking accounts, consumer loans, credit cards, mortgages and home equity lines of credit, investments and insurance.
Additional information
UNFCU was the first US financial institution to offer EMV credit cards.[7]