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Corporate credit union
also called a "central credit union"

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  1. provides services to natural person (consumer) credit unions

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 3, 2009
  2. In the credit union industry, they are sometimes referred to as "the credit union’s credit union"

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 3, 2009
  3. Corporate credit unions are owned by the credit unions that choose to do business with them and provide short term (Fed Funds) and long term investments (in government approved instruments)

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 3, 2009
  4. Corporate credit unions may either be chartered by the National Credit Union Administration (NCUA), or under state authority if permitted under that state's financial services laws

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 3, 2009
  5. Corporate credit unions also provide financial settlement services through the clearing of payments (check clearing), ACH (Automated Clearing House), electronic funds transfers (EFT) and ATM transaction services and networks

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 3, 2009
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