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Us Senate Federal Credit Union history
Us Senate Federal Credit Union company history timeline
Founded in 1935, USSFCU has grown and changed over the years.
1970 – USSEFCU exceeds $3 million in assets.
1974 – USSEFCU exceeds $10 million in assets.
In October of 1983, the Credit Union branch and operations would expand, moving into the newly constructed Hart Senate Office Building.
By the time of its 50th Anniversary in 1985, the institution would serve over 15,000 members.
1986 – USSEFCU exceeds $50 million in assets.
1990 – United States Senate Employees Federal Credit Union Board, in order to help set the stage for future expansion, formally approves a name change to the United States Senate Federal Credit Union (USSFCU).
1992 – The USSFCU Board approves a merger with the Government Accountability Office (GAO) Federal Credit Union, adding 2,700 new USSFCU members and enabling the opening of a second full-service USSFCU branch in the GAO Building at 441 G Street NW.
1992 – USSFCU exceeds $100 million in assets.
1993 – USSFCU opens a new operations center in Alexandria, Virginia.
In fact, by the time of its 65th Anniversary in 2000, USSFCU assets had reached $204 million and its membership stood at over 28,000.
2002 – USSFCU’s third branch opens in Alexandria, VA.
2002 – After a significant investment, USSFCU launches online banking.
2003 – USSFCU exceeds $300 million in assets.
2005 – A new call center and business continuity facility opens in Central Virginia to support USSFCU’s member services and to serve as a backup operations center in the event of a natural disaster.
Economic difficulties followed the terrorist attacks on the World Trade Center and Pentagon and later in the decade the Great Recession starting in 2007.
2008 – USSFCU exceeds $400 million in assets.
2010 – USSFCU celebrates its 75th Anniversary.
2011 – USSFCU exceeds $500 million in assets.
2012 – USSFCU relaunches its online banking platform and is now able to offer members even more innovative online banking services.
2015 – As USSFCU celebrates its 80th Anniversary, the credit union has grown to serve more than 32,000 members and manage over $550 million in assets.
2016 – USSFCU exceeds $600 million in assets.
Ranked as one of 2019 Top 200 Healthiest Credit Unions by Deposit Accounts by Lending Tree
Ended 2020 as a $1 Billion Financial Institution
Ended 2021 by distributing $1.7 million directly back to our members in the form of special holiday dividends.
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Us Senate Federal Credit Union competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Jdrf International | 1970 | $910,000 | 50 | - |
| Greater Springfield Credit Union | 1927 | $25.0M | 14 | - |
| Minnesota Zoo | 1980 | $5.6M | 10 | - |
| Beloved Community | 2017 | $1.1M | 6 | - |
| Ministry Of Foreign Affairs Latvia | - | $1.0M | 7 | - |
| Our Community CU | 1954 | $13.0M | 196 | - |
| Arizona Society of CPAs | 1933 | $1.6M | 30 | - |
| Economic Growth Connection of Westmoreland | 2000 | $5.0M | 5 | - |
| Asian American Civic Association | 1970 | $5.0M | 30 | - |
| Maine State Credit Union | 1935 | $10.0M | 8 | 3 |
Us Senate Federal Credit Union history FAQs
Zippia gives an in-depth look into the details of Us Senate Federal Credit Union, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Us Senate Federal Credit Union. The employee data is based on information from people who have self-reported their past or current employments at Us Senate Federal Credit Union. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Us Senate Federal Credit Union. The data presented on this page does not represent the view of Us Senate Federal Credit Union and its employees or that of Zippia.
Us Senate Federal Credit Union may also be known as or be related to U.S. Senate Federal Credit Union, Us Senate Federal Credit Union and Us Senate Federal Cu.