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CUNA (Credit Union National Association) which has a place of location in Washington D.C. and Madison Wisconsin is the premier national trade association serving America's credit unions. Modern credit union history dates to 1852 when Franz Hermann Schulze-Delitzsch consolidated the learning from two pilot projects one in Eilenburg and the other in Delitzsch in Germany into what are generally recognized as the first credit unions in the world. A credit union's policies governing interest rates and other matters are set by a volunteer Board of Directors elected by and from the membership itself. In the United States as of 2005 credit unions have 86 million members which is 43% of the economically active population. U.S. credit unions are not-for-profit cooperative tax-exempt organizations. Until the mid XX century credit unions in the United States had little assets that do not exceed as a rule 100 thousand dollars. You can find the closest credit union location by ZIP code or address. 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.