USA location Credit union Illinois Des Plaines

The main benefit of credit unions is the transparency accountability governance for shareholders. 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. 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. 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. 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.