U.S. Eagle Federal Credit Union
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U.S. Eagle Federal Credit Union
U.S. Eagle Federal Credit Union is a credit union founded in 1935 in Albuquerque, New Mexico. They have branches in Albuquerque, Farmington Farmington may refer to: Places Canada *Farmington, British Columbia *Farmington, Nova Scotia (other) United States * Farmington, Arkansas *Farmington, California * Farmington, Connecticut *Farmington, Delaware * Farmington, Georgia ..., Santa Fe, and Bernalillo. As of 2020, U.S. Eagle had 79,785 members, 249 employees, and $1.18 billion in assets. In 2019 and 2020, '' Forbes'' named U.S. Eagle a Best-in-State Credit Union. History U.S. Eagle Federal Credit Union was founded in 1935 under the name Albuquerque U.S. Employees Federal Credit Union. Initially, Albuquerque U.S. Employees Federal Credit Union served federal employees in New Mexico. In 1990, their name was changed to U.S. New Mexico Federal Credit Union to reflect an expanded membership base. In March 2015, U.S. New Mexico Federal Credit Union announced their n ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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Albuquerque, New Mexico
Albuquerque ( ; ), ; kee, Arawageeki; tow, Vakêêke; zun, Alo:ke:k'ya; apj, Gołgéeki'yé. abbreviated ABQ, is the most populous city in the U.S. state of New Mexico. Its nicknames, The Duke City and Burque, both reference its founding in 1706 as ''La Villa de Alburquerque'' by Nuevo México governor Francisco Cuervo y Valdés''.'' Named in honor of the Viceroy of New Spain, the Francisco Fernández de la Cueva, 10th Duke of Alburquerque, 10th Duke of Alburquerque, the city was Old Town Albuquerque, an outpost on Camino Real de Tierra Adentro, El Camino Real linking Mexico City to the northernmost territories of New Spain. Located in the Albuquerque Basin, the city is flanked by the Sandia Mountains to the east and the West Mesa to the west, with the Rio Grande and bosque flowing from north-to-south. According to the 2020 United States census, 2020 census, Albuquerque had 564,559 residents, making it the List of United States cities by population, 32nd-most populous city ...
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Credit Union
A credit union, a type of financial institution similar to a commercial bank, is a member-owned nonprofit organization, nonprofit financial cooperative. Credit unions generally provide services to members similar to retail banks, including deposit accounts, provision of Credit (finance), credit, and other financial services. In several African countries, credit unions are commonly referred to as SACCOs (Savings and Credit Co-Operative Societies). Worldwide, credit union systems vary significantly in their total assets and average institution asset size, ranging from volunteer operations with a handful of members to institutions with hundreds of thousands of members and assets worth billions of US dollars. In 2018, the number of members in credit unions worldwide was 274 million, with nearly 40 million members having been added since 2016. Leading up to the financial crisis of 2007–2008, commercial banks engaged in approximately five times more subprime lending relative t ...
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Farmington, New Mexico
Farmington is a city in San Juan County in the U.S. state of New Mexico. As of the 2020 census the city had a total population of 46,624 people. Farmington (and surrounding San Juan County) makes up one of the four Metropolitan Statistical Areas (MSAs) in New Mexico. Farmington is located at the junction of the San Juan River, the Animas River, and the La Plata River, and is located on the Colorado Plateau. Farmington is the largest city of San Juan County, one of the geographically largest counties in the United States covering . Farmington serves as the commercial hub for most of northwestern New Mexico and the Four Corners region of four states. Farmington lies at or near the junction of several important highways: U.S. Highway 64, New Mexico Highway 170, New Mexico Highway 371, and New Mexico Highway 516. It is on the Trails of the Ancients Byway, one of the designated New Mexico Scenic Byways.
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Santa Fe, New Mexico
Santa Fe ( ; , Spanish for 'Holy Faith'; tew, Oghá P'o'oge, Tewa for 'white shell water place'; tiw, Hulp'ó'ona, label=Tiwa language, Northern Tiwa; nv, Yootó, Navajo for 'bead + water place') is the capital of the U.S. state of New Mexico. The name “Santa Fe” means 'Holy Faith' in Spanish, and the city's full name as founded remains ('The Royal Town of the Holy Faith of Saint Francis of Assisi'). With a population of 87,505 at the 2020 United States census, 2020 census, it is the List of municipalities in New Mexico, fourth-largest city in New Mexico. It is also the county seat of Santa Fe County. Its metropolitan area is part of the Albuquerque, New Mexico, Albuquerque–Santa Fe–Las Vegas, New Mexico, Las Vegas Albuquerque–Santa Fe–Las Vegas combined statistical area, combined statistical area, which had a population of 1,162,523 in 2020. Human settlement dates back thousands of years in the region, the placita was founded in 1610 as the capital of . It replace ...
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Bernalillo, New Mexico
Bernalillo () is a town in Sandoval County, New Mexico, Sandoval County, New Mexico, United States. As of the United States Census, 2010, 2010 census, the town population was 8,320. It is the county seat of Sandoval County, New Mexico, Sandoval County. Bernalillo is part of the Albuquerque, New Mexico, Albuquerque Albuquerque metropolitan area, Metropolitan Statistical Area. History Wine Festival In the 1620s, the wine grape was introduced to Bernalillo and the wine industry blew up. Families were making their own wine from scratch and vineyards were flourishing. Unfortunately, the market dipped due to drought and floods. Slowly over time, the wine industry came back into Bernalillo and has sustained its health today, becoming a tradition and staple within the town itself. The town has embraced its wine heritage and hosts the New Mexico Wine festival yearly during each Labor Day. The event brings in people from all of New Mexico as well as tourists. The event has served as an ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ...
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Albuquerque Plaza
Albuquerque Plaza, also known as WaFd Bank Building, is a high-rise or skyscraper on the south side of Civic Plaza 201 Third Street NW, in Downtown Albuquerque, New Mexico. It is the taller of a two tower complex that contains class-A office space connected at ground level by a two-story promenade containing retail space connecting to the shorter Hyatt Regency Albuquerque hotel tower. At 22 stories, it is the tallest building in New Mexico. The hotel tower, with 20 stories, is the state's second tallest building at . Their similar height, color, and pyramidal roofs make them the focal point of the Albuquerque skyline. Albuquerque Plaza complex was designed by Hellmuth, Obata & Kassabaum and built in 1990. History The Albuquerque Plaza development was built by BetaWest Properties, a commercial real estate subsidiary of US West and sister company of the Mountain Bell telephone company. The company was planning a new office tower to replace the old Mountain Bell building, which w ...
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Credit Unions Based In New Mexico
Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date. In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower. Etymology The term "credit" was first used in English in the 1520s. The term came "from Middle French crédit (15c.) "belief, trust," from Italian credito, from Latin creditum "a loan, thing entrusted to another," ...
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Banks Established In 1935
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots i ...
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