Citizens Equity First Credit Union

Citizens Equity First Credit Union
Citizens Equity First Credit Union
Type Credit union
Industry Financial services
Founded 1937
Headquarters Peoria, Illinois, USA
Number of locations 22 Member Centers (2011)
Area served Illinois, California
Key people Bruce Dimler (Chairman)
Mark A. Spenny (President/CEO)
Sandra K. Andrews (COO)
Services Savings; Checking; Consumer Loans; Mortgages; Credit cards; Investments
Net income US$40,845,000 (2009)[1]
Employees 782 full-time; 38 part-time[2]
Subsidiaries CEFCU Financial Services[2]
Website cefcu.com

Citizens Equity First Credit Union is a federally insured credit union based in Peoria, Illinois, commonly referred to by its registered trademark, CEFCU.

CEFCU was founded in 1937 to serve the employees of Caterpillar Tractor Company. It began as Caterpillar Employees Credit Union (CECU) with a state credit union charter, then switched to a federal credit union charter and the name CEFCU (Caterpillar Employees Federal Credit Union). Upon legally separating from Caterpillar, CEFCU changed its acronym to more accurately reflect membership eligibility; first, to "Construction Equipment Federal Credit Union" and, later, to "Citizens Equity Federal Credit Union."

CEFCU returned to an Illinois state credit union charter in 2000, keeping the acronym CEFCU ("Citizens Equity First Credit Union") and maintaining federal deposit ("share") insurance under the National Credit Union Share Insurance Fund.[3] CEFCU membership criteria allow employees of Caterpillar Inc. and Caterpillar dealers, partner companies (those working for about 550 specific companies with a CEFCU relationship), plus individuals who live or work in fourteen central Illinois counties, or who live, work, or worship in three California counties to belong to the credit union.[4]

Individuals living or working in the following Illinois counties are eligible for CEFCU membership: Fulton, Knox, Livingston, Logan, McLean, Macon, Marshall, Mason, Peoria, Putnam, Sangamon, Stark, Tazewell, and Woodford. Individuals who live, work or worship in Santa Clara, Alameda and Contra Costa counties are all eligible to join CEFCU, as well.[1]


References

  1. ^ a b Citizens Equity First Credit Union (2011-07-07). "2010 Annual Report" (PDF). https://www.cefcu.com/common/pdf/annual-report/10-annual-report.pdf. Retrieved 2011-07-07. 
  2. ^ a b "NCUA Form 5300 (Statement of Financial Condition)". National Credit Union Administration. December 2010. http://www.ncua.gov. Retrieved 2011-07-07. 
  3. ^ Citizens Equity First Credit Union (2001-04-27). "2000 Annual Report" (PDF). https://www.cefcu.com/common/pdf/annual-report/00-annual-report.pdf. Retrieved 2010-05-13. 
  4. ^ "About Us - Membership". Citizens Equity First Credit Union. https://www.cefcu.com/about/eligibility.php. Retrieved 2011-07-07. 



Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • Credit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl …   Wikipedia

  • Equity release — is a means of retaining use of your house or other object which has capital value, while also obtaining a steady stream of income, using the value of the house.The catch is that you have to re pay the income provider at a later stage, usually… …   Wikipedia

  • Union nationale (Quebec) — For other political parties of the same name, see Union Nationale (disambiguation). Union Nationale Union nationale Founded November 7, 1935 (as a loose coalition o …   Wikipedia

  • Citizens Action Party (British Columbia) — The Citizens Action Party (formerly the British Columbia Grey Party) is a minor political party in British Columbia, Canada. It was formed as a protest movement of senior citizens against their perceived victimization by the BC Liberal Party. Its …   Wikipedia

  • CEFCU — is the registered trademark of Citizens Equity First Credit Union. It is also a short name used by several credit unions that are, or at one time were, federally chartered under the Federal Credit Union Act:* Caltech Employees Federal Credit… …   Wikipedia

  • Educational policies and initiatives of the European Union — In the European Union education is the responsibility of Member States; European Union institutions play a supporting role. According to Art. 149 of the Treaty of Amsterdam, the Community cquote|shall contribute to the development of quality… …   Wikipedia

  • Consumer Credit Act 1974 — United Kingdom Parliament Long title An Act to establish for the protection of consumers a new system, administered by the Director General of Fair Trading, of licensing and other control of traders concerned with the provision of credit, or the …   Wikipedia

  • Bank of Credit and Commerce International — Infobox Defunct company company name = Bank of Credit and Commerce International company slogan = company type = fate = Liquidation Predecessor = successor = foundation = flagicon|UK London in 1972 defunct = 1991 location = flagicon|UK London… …   Wikipedia

  • Cooperative — This article is about the business organization. For other uses, see Coop (disambiguation). A cooperative (also co operative or co op) is a business organization owned and operated by a group of individuals for their mutual benefit.[1] A… …   Wikipedia

  • List of banks — *This is a list of banks throughout the world.Africaflag|AngolaCentral Bank*Bank of Algeria (Banque Central d Algerie)Banks*Al Baraka Bank of Algeria *Algerian International Bank *Al Rayan Algerian Bank *Arab Banking Corporation *Banque Agricole… …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”