United Nations Federal Credit Union

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United Nations Federal Credit Union
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.

[edit] References

[edit] External links