USA location Credit union Illinois Deerfield

As of October 2011 the largest American credit union was Navy Federal Credit Union serving U.S. Department of Defense employees contractors and families of servicepeople with over $45 billion USD in assets and over 3.4 million members. Credit unions offer many financial services which are the same as offered by banks often using a different terminology; common services include: share accounts (savings accounts) share draft accounts (checking accounts) credit cards share term certificates (certificates of deposit) and online banking. 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. Normally only a member of a credit union may deposit money with the credit union or borrow money from it. Until the mid XX century credit unions in the United States had little assets that do not exceed as a rule 100 thousand dollars. U.S. credit unions can be chartered by either the federal government ("federal credit unions") or by a state.