AFL-CIO Employees Federal Credit Union: Trustworthy Financial Solutions

The AFL-CIO Employees Federal Credit Union is a trusted financial institution that offers a range of services to its members. It's a not-for-profit cooperative that exists to serve its members' financial needs.

With over 100,000 members and assets of over $1.5 billion, the credit union has a significant presence in the financial industry. Its large membership base and substantial assets demonstrate its stability and trustworthiness.

The credit union's commitment to its members is evident in its mission to provide affordable financial services and promote financial literacy. By offering a range of financial products and services, the credit union aims to make a positive impact on the lives of its members.

Membership in the AFL–CIO Employees Federal Credit Union is open to employees of the AFL–CIO, as well as those working for affiliated AFL–CIO International Unions.

Employees of the AFL–CIO's constitutional departments and state or local central labor bodies are also eligible for membership.

The credit union extends eligibility to members of specific unions, including the Office and Professional Employees International Union – Local 2, the United Food and Commercial Workers – Local 400, the National Football League Players Association, and the International Union of Painters and Allied Trades, District Council 51.

If you're part of one of these groups, you can take advantage of the credit union's services and benefits.

We're a federal credit union, which means we're insured by the National Credit Union Administration (NCUA). This provides an extra layer of security for our members.

Our financial information is pulled directly from the NCUA database, ensuring accuracy and up-to-date reporting.

We've found that case studies often miss the operational details, but our partnership with AFL-CIO Employees FCU shines a light on the day-to-day work.

Our primary point of contact is CEO James, but it can vary depending on the client's size and structure.

The Aux Team assists with a wide range of tasks, including risk assessment, policy development, and BSA compliance.

We provide customized training for staff and volunteers, and perform almost every task you'd expect of an in-house compliance manager.

Our team helps clients move policies forward to their board to help them become better institutions.

We recently assisted a client with updating their bylaws for a virtual annual meeting due to COVID, which involved considering logistical and strategic aspects like voting.

Our compliance staff has credit union experience and understands the credit union mission, giving us a unique and valuable approach to compliance.

We're proud to say that our approach is credit union-centric and zero bank-speak, setting us apart from the competition.

AFL CIO Employees US has a relatively small number of troubled loans, with 17 loans restructured to help members get back on their feet, totaling $575,544.

These loans are categorized as Total Outstanding Troubled Debt Restructured Loans, which is a clear indication of the credit union's commitment to supporting its members during difficult times.

AFL CIO Employees US pulls its portfolio and financial information directly from the NCUA, ensuring that all data is up-to-date and accurate.

Here's a breakdown of the troubled loans: