What are the names of some reputable credit unions?


Quick Answer

Alliant Credit Union, Connexus Credit Union, Consumers Credit Union and Lake Michigan Credit Union are among the best credit unions in the country and are open to new members nationwide, according to Kiplinger. The NASA Federal Credit Union, affiliated with the U.S. National Aeronautics and Space Administration, and the Pentagon Federal Credit Union are other well-respected credit unions open to all members nationally. Additionally, Navy Federal Credit Union is one of the largest in the nation, but membership is restricted.

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Full Answer

As of 2014, Navy Federal Credit Union, State Employees’ Credit Union in North Carolina, Pentagon Federal Credit Union and the Boeing Employees Credit Union are the top credit unions in the nation in terms of asset size, reports the Credit Union Times. The Navy Federal Credit Union, which controls $60.5 billion worth of assets, is by far the largest in the nation, nearly three times larger than the State Employees' Credit Union for North Carolina state employees, which controls $28.6 billion in assets. Other credit unions among the largest in the nation include SchoolsFirst Federal Credit Union, The Golden 1 Credit Union, Alliant Credit Union and Security Service Federal Credit Union. As of June 30, 2014, the total assets controlled by all federally chartered and insured credit unions was $1.1 trillion.

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