AFL–CIO Employees Federal Credit Union
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The AFL–CIO Employees Federal Credit Union is a multiple common bond, federally chartered
credit union A credit union, a type of financial institution similar to a commercial bank, is a member-owned nonprofit financial cooperative. Credit unions generally provide services to members similar to retail banks, including deposit accounts, provisi ...
headquartered in
Washington, D.C. ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, ...
The credit union was founded in 1952 for members of the
AFL–CIO The American Federation of Labor and Congress of Industrial Organizations (AFL–CIO) is the largest federation of unions in the United States. It is made up of 56 national and international unions, together representing more than 12 million ac ...
. It currently has two locations serving 9,723 members. AFL–CIO Employees FCU has assets of $76 million. The most current annual report lists assets for Fiscal Year ending December 31, 2015, as $53.6 million. The economic downturn of 2008 negatively affected the credit union with large losses in the first half of the year.


Membership

Employees of the AFL–CIO are eligible for membership in the credit union as are employees of affiliated AFL–CIO International Unions, constitutional departments of the AFL–CIO, and state or local central labor bodies. Eligibility is also extended to members of the
Office and Professional Employees International Union The Office and Professional Employees International Union (OPEIU) is a trade union in the United States and Canada representing approximately 88,000 white-collar working people in the public and private sectors. It has members in all 50 US sta ...
– Local 2, the
United Food and Commercial Workers The United Food and Commercial Workers International Union (UFCW) is a labor union representing approximately 1.3 million workers in the United States and Canada in industries including retail; meatpacking, food processing and manufacturing; hosp ...
– Local 400, the
National Football League Players Association The National Football League Players Association, or NFLPA, is a labor union representing National Football League (NFL) players. The NFLPA, which has headquarters in Washington, D.C., is led by president J. C. Tretter and executive director DeM ...
and the
International Union of Painters and Allied Trades The International Union of Painters and Allied Trades (IUPAT) is a union representing about 100,000 painters, glaziers, wall coverers, flooring installers, convention and trade show decorators, glassworkers, sign and display workers, asbestos wor ...
, District Council 51.AFL-CIO Employees Federal Credit Union Partners with Identity Theft 911.
''Business Wire''. 10 July 2007.


See also

*
Amalgamated Bank of Chicago The Amalgamated Bank of Chicago (ABOC) is a commercial bank headquartered in Chicago, Illinois, United States. In addition to its downtown Chicago office, the bank has a branch office in Warrenville, Illinois. Until November 1991, the bank was ...
* The Union Credit Union


References


External links


AFL–CIO Employees Federal Credit Union website
{{DEFAULTSORT:AFL-CIO Employees Federal Credit Union Credit unions based in Washington, D.C. AFL–CIO Banks established in 1952