*Note: Data available as of December 2022, and does not reflect recent market changes. Top 250 Credit Unions by Asset Size (2023) Learn more about why open finance is the future of banking. (Compared to $14 million for the median bank among the top 250.)ĭid you know that 72% of consumers say they would switch their primary bank if it didn’t connect to their favorite financial app? MX offers open finance APIs to enable companies to do more with financial data. The median assets under management is $3.3 billion among the top 250 credit unions by asset size.(Compared to an average of $83 billion for the average U.S. The average credit union in the top 250 by size has an average of $4.8 billion in assets.In December 2022, the NCUA listed 4,759 credit unions in the U.S., down from 5,098 in our 2021 list. How Many Credit Unions Are There in the United States? To view more data, check out these other lists of top banks: We listed the top 250 credit unions in the U.S. As in prior years, Navy Federal Credit Union, State Employees', PenFed, and BECU are the largest credit unions by asset size. These numbers are based on the latest December 2022 data from the National Credit Union Administration (NCUA). ![]() Affinity Federal Credit Union’s Wellbeing and Your Wallet Index surveys consumers in the Mid-Atlantic region on financial wellbeing and related concernsAffinity Federal Credit Union. No need to go digging through a database. Find Affinity Federals articles, email address, contact information, Twitter and more. We appreciate our relationship with you and welcome an open line of communication. Chartered in 1949, Affinity is a 74-year-old financial cooperative that makes sound business decisions with the interests of our member-owners in the forefront. It is owned by members and it is run to meet members. We recognized how hard it was to obtain a current list of the biggest credit union by asset size, so we decided to put it here for easy access. Learn more about the National Credit Union Share Insurance Fund at . Affinity Credit Union Limited is a community based, not-for-profit, financial services co-operative. The new competitive rate structure is well above the national average interest rate 1.< Back to Blog Biggest U.S. The structure allows for easy access to funds when needed, with no limitations on transfers and withdrawals. The program is unique for its inverted interest structure that encourages its members to get started on their savings journey with no minimum balance and no monthly maintenance fees. Recently named "Best for High-Yield Savings" by Wall Street Journal BuySide, Affinity launched its SmartStart Savings program in 2020 with an initial rate of 2.00%, and most recently increased the savings rate to 3.5% in Aug. "Shoring up their savings is one of the many ways we can make a tangible impact and support our members’ overall financial wellbeing." ![]() "Our members increasingly look to us for support and solutions during uncertain times," said Jacqui Kearns, Chief Brand Officer of Affinity Federal Credit Union. With 48,000 active SmartStart Savings accounts, this change will positively impact nearly a quarter of all Affinity members. Previously, the 3.5% APY applied to the first $5,000 in savings, extending the impact of the higher savings rate and better positioning Affinity SmartStart Savings account holders to increase savings and available cash more quickly. SmartStart savings rates will increase to 4% for the first $10,000 in savings, providing a direct impact on Affinity members amid ongoing economic uncertaintyīASKING RIDGE, N.J., February 23, 2023-( BUSINESS WIRE)- Affinity Federal Credit Union ("Affinity") is marking a new stride in its ongoing commitment to improving its members’ financial wellbeing, announcing an increase of its SmartStart savings rates from 3.5% to 4% annual percentage yield ("APY") on the first $10,000 in savings.
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