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Credit Federal Service Union
Founded in 1939 with little more than a hope for some financial peace of mind, 15 teachers pooled their money (just $5.25 each) to establish Desert Schools Federal Credit Union. build a cooperative network to lean on when funds were short and benefit from as investments grew. With $2 billion in assets and more than 50 locations by the end of 2005, Desert Schools Federal Credit Union is now Arizona's largest credit union and a financial partner to more than 286, 000 members in Gila, Maricopa and Pinal counties.
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Credit unions exist not only worldwide, but also in each of the 50 U.S. states. By definition, a credit union is a cooperative financial institution that is owned and controlled by its members. Credit unions differ from banks and other financial institutions in that the members who have accounts in the credit union are the owners of the credit union.1 Some experts say that about one half of the nation's credit unions offer secured credit cards to members, many of which may offer lower interest rates.2
† Neither PrivacyMatters.com, 3 or Privacy Matters Identity nor any of their benefit providers are in the business of, or receive any fee for, credit repair services. PrivacyMatters.com, 3 and Privacy Matters Identity are not credit repair or credit services organizations or businesses or credit clinics, as defined by federal and state law, nor are any of their benefit providers.
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