United Nations Federal Credit Union
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United Nations Federal Credit Union | |
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Type | Credit Union |
Founded | 1947 |
Headquarters | Long Island City, New York, USA |
Area served | United Nations personnel and their families |
Key people | Thomas A. Bieler, Chairman; Michael J Connery, President/CEO |
Industry | Financial Services |
Products | Savings; Checking; Consumer loans; Mortgages; Credit cards; Investments |
Net income | ▲ $14.6M USD (2006) |
Website | http://www.unfcu.org |
United Nations Federal Credit Union is a Federal credit union headquartered in Long Island City, New York, chartered and regulated under the authority of the National Credit Union Administration (NCUA).
Contents |
[edit] Key data
The United Nations Federal Credit Union was originally incorporated in 1947[1]. It currently has a membership of over 70,000, assets in excess of US$2 billion[2] and employs a staff of 250[3] at its new 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 & services.
[edit] 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]:
- All employees of the United Nations and affiliated international agencies
- Retirees of the above organizations
- Family members of those in the field of membership
- Those residing in, and/or sharing financial responsibility of, households of the above
[edit] Organization
The union is governed by a volunteer board of directors comprised of current and former UN employees, elected by and from its membership.
[edit] 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.