National Credit Union Service Organization
The National Credit Union Service Organization (NCUSO) provides a complete list of credit unions, services offered and financial condition, along with branch & ATM location. Credit unions keep pace with the needs of their members by offering a variety of products and services. In recent years, many federal credit unions have expanded their lending programs to include real estate and member business loans, as well as traditional consumer loans.
Top 10 Largest Credit Unions
— by assets| Rank | Credit Union | Assets |
|---|---|---|
| 1 | NAVY FEDERAL CREDIT UNION | $156.55B |
| 2 | STATE EMPLOYEES' CREDIT UNION, NC | $52.11B |
| 3 | PENTAGON FEDERAL CREDIT UNION | $35.88B |
| 4 | BOEING EMPLOYEES CREDIT UNION | $29.16B |
| 5 | SCHOOLSFIRST FEDERAL CREDIT UNION | $27.70B |
| 6 | GOLDEN 1 CREDIT UNION | $18.29B |
| 7 | ALLIANT CREDIT UNION | $18.04B |
| 8 | AMERICA FIRST CREDIT UNION | $17.60B |
| 9 | FIRST TECH FEDERAL CREDIT UNION | $16.42B |
| 10 | SUNCOAST CREDIT UNION | $15.75B |
Credit Union Rates vs Banks
— Rates as of Jun 30, 2024| Credit Unions | Banks | |
|---|---|---|
| 30-Year Fixed mortgage | 6.97% | 7.08% |
| 15-Year Fixed mortgage | 6.58% | 6.73% |
| 5/1 Year Adjustable mortgage | 6.44% | 6.99% |
| 3/1 Year Adjustable mortgage | 6.66% | 7.00% |
| New car loan (48 months) | 6.22% | 7.32% |
| Used car loan (48 months) | 6.42% | 7.69% |
| 5-Year CD (Certificate of Deposit) | 2.95% | 2.08% |
| 3-Year CD | 2.87% | 2.05% |
| 1-Year CD | 3.31% | 2.42% |
| Regular savings account | 0.20% | 0.35% |
Join a credit union
Credit unions are owned and controlled by the people, or members, who use their services. By joining a credit union, you can enjoy the benefits of reduced fees, higher savings rates and lower loan rates. Anyone can join a credit union as long as you fall within the credit union's field of membership. The field of membership, or common bond, could be based on your employer, geographic location or even membership in a school, labor union, or place of worship. Many credit unions allow family members of existing members to join as well.
First, find a credit union and check on the field (type) of membership. If you believe you may be eligible, contact the credit union or visit their website to see if can join.