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Lakewood-based Harborstone Credit Union on Wednesday announced a new chief executive officer. Geoff Bullock will succeed Phil Jones, who is retiring after 15 years in the position.
SaviBank, a local bank with branches in Whatcom, Skagit and Island County and headquartered in Mount Vernon, WA has been acquired through an all-cash transaction by Harborstone Credit Union ...
Banking in theUnited States. Credit unions in the United States served 100 million members, comprising 43.7% of the economically active population, in 2014. [ 1][ 2] U.S. credit unions are not-for-profit, cooperative, tax-exempt organizations. [ 3] The clients of the credit unions become partners of the financial institution and their presence ...
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TULIP Cooperative Credit Union, founded in 2001, was a cooperative financial institute located in Olympia, Washington serving the residents of Thurston County, Washington. The name is an acronym for Thurston Union of Low Income People. [1] TULIP Cooperative Credit Union opened in 2003 and merged with the larger Harborstone Credit Union on ...
WSECU was founded in 1957 [4] by 40 Washington state government employees. [5] [better source needed] The charter was initially limited to employees of Local No. 443, but expanded in 1958 to include all state employees, Washington State Employees Association and the Washington Federation of State Employees and Credit Union Employees.
A credit union is a member-owned nonprofit cooperative financial institution. They may offer financial services equivalent to those of commercial banks, such as share accounts ( savings accounts ), share draft accounts ( cheque accounts ), credit cards, credit, share term certificates ( certificates of deposit ), and online banking.
All of their money would be protected by the NCUSIF. If that same individual has $350,000 in share accounts at one credit union, their $350,000 would only be insured up to $250,000. Credit union ...