FACTS: 'Natural person' and corporate credit unions
'Natural Person' (everyday) credit unions nationally (YE '08):
| Total | 7,965 |
| Total members | 90 million |
| Total assets | $825.6 billion |
| Source: Credit Union National Association (CUNA) | |
Corporate credit unions (YE '08):
All corporate credit unions (nationally)
| Total | 27 |
| Total assets | $70.3 billion |
| Does not include U.S. Central FCU Source: NCUA 5310 reports (Dec. '08) | |
U.S Central FCU and Western Corporate FCU
| US Central Federal Credit Union (US Central) | |
| Headquarters | Lenexa, Kansas |
| Total assets | $32.7 billion |
| Total members | (corporate CUs) 26 |
| Western Corporate Federal Credit Union (WesCorp) | |
| Headquarters | San Dimas, Calif. |
| Total assets | $24.4 billion |
| Total members | ("natural person" CUs) 1,100 |
| Member accounts of both credit unions are guaranteed under provisions of the previously announced NCUA Share Guarantee Program, through December 31, 2010. The Program extends NCUSIF coverage to all funds held by the two corporate credit unions.
Sources: NCUA 5310 reports (Dec. '08); NCUA | |
Copyright © 2012 Credit Union National Association
