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America First Credit Union

 
Hoover's Profile: America First Credit Union
Contact Information
America First Credit Union
1344 W. 4675 South
Riverdale, UT 84405
UT Tel. 801-627-0900
Toll Free 800-999-3961
Fax 801-778-8079

Type: Private - Not-for-Profit
On the web: http://www.americafirst.com
Employees: 1,500

If saving your money makes you feel like doing a little flag-waving, could there be a more appropriate place for it than America First Credit Union? Founded in 1939, the institution offers deposits, lending, investments, and other financial services to both business and consumer customers through more than 80 branches in Utah and Nevada. With more than 475,000 members, America First ranks among the nation's top 10 credit unions by membership. It ranks among the 15 largest credit unions by assets. America First acquired local rival Intermountain Credit Union in 2008. It is also growing by opening new branches.

Key numbers for fiscal year ending December, 2008:
Sales: $377.4M
One year growth: 8.8%

Officers:
President and CEO: Rick Craig
VP Governmental Relations: Sheryl Cox
Director Public Relations: Nicole Cypers

Competitors:
Bank of America
U.S. Bancorp
Zions Bancorporation

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Wikipedia: America First Credit Union
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America First Credit Union, a federally chartered credit union headquartered in Riverdale, Utah, is the 6th largest credit union in the United States in terms of total membership and 11th largest credit union in assets in the U.S.

As of April, 2009, America First has 88 branch locations, 495,939 members, and has USD 4.87 billion in assets.

America First offers, membership to anyone who lives, works (or regularly conducts business in), worships, attends school, or volunteers in Salt Lake County, Utah, or within a 12 mile radius of the Mesquite, Nevada, Post Office, along with members of the immediate family or household of an existing member or those eligible for membership, and owners, employees, suppliers and their employees, or associated companies and their employees involved in the food industry, in Utah.

History

In 1939, at Fort Douglas in Salt Lake City, Utah, 59 members of the National Federation of Federal Employees, Local No. 650, instituted the Fort Douglas Civilian Employees Credit Union.

On June 23, 1947, the finance office of the U.S. Army at Fort Douglas was moved to the Utah General Distribution Depot in Ogden, Utah, and the credit union moved with it and renamed itself Federal Employees Credit Union.

In 1960, with the addition of the Naval Supply Depot in Clearfield, Utah, the credit union was now affiliated with four military installations, the other three being the Utah General Depot, Hill Air Force Base, and Fort Douglas.

In 1984, Utah-chartered credit unions began serving anyone in the state and the credit union changed its name to America First Credit Union.

Beginning in 1998, a series of legal and legislative restrictions were placed on America First Credit Union's field of membership and its ability to make business loans. In 2003, America First became federally chartered to protect its membership and serve its business members.

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Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "America First Credit Union" Read more