Credit Union - Corporate Credit Unions

Most credit unions provide service only to individual consumers. By contrast, corporate credit unions (also known as central credit unions in Canada) provide service to credit unions, with operational support, funds clearing tasks, and product and service delivery. The largest corporate credit union in the United States is U.S. Central Credit Union of Lenexa, Kansas, which serves as a central clearing house for other corporate credit unions and holds approximately $45.3 billion in assets.

Read more about this topic:  Credit Union

Famous quotes containing the words corporate, credit and/or unions:

    “It’s hard enough to adjust [to the lack of control] in the beginning,” says a corporate vice president and single mother. “But then you realize that everything keeps changing, so you never regain control. I was just learning to take care of the belly-button stump, when it fell off. I had just learned to make formula really efficiently, when Sarah stopped using it.”
    Anne C. Weisberg (20th century)

    “What are the characteristics of today’s world so that one may recognize it by them?” It pays pensions and borrows money: credit and monuments.
    Franz Grillparzer (1791–1872)

    The newly-formed clothing unions are ready to welcome her; but woman shrinks back from organization, Heaven knows why! It is perhaps because in organization one find the truest freedom, and woman has been a slave too long to know what freedom means.
    Katharine Pearson Woods (1853–1923)