Arsenal Credit Union

Arsenal Credit Union (ACU) provides financial products and services to people who live and work in the St. Louis metropolitan area. The credit union is chartered and regulated under the authority of the Missouri Division of Credit Unions. Member deposits are federally insured by the National Credit Union Administration (NCUA), a U.S. government agency. The credit union has five branches and is headquartered in Arnold, Missouri. ACU is the 8th-largest credit union in St. Louis and the 11th-largest in Missouri, based on asset size ($234.3 million as of December 31, 2018).

Arsenal Credit Union
Formation1948
TypeCredit union
HeadquartersArnold, Missouri, United States
Region served
St. Louis metro area
Membership
26,953 (Year-end 2018)
Key people
Linda Allen, President/CEO
Websitewww.arsenalcu.com

History

Arsenal Credit Union was founded in August 1948 as Aero Chart Credit Union, organized to serve employees of a U.S. government agency then known as the Aero Chart Service, Plant and Store (now the National Geospatial-Intelligence Agency, or NGA). The name changed to Arsenal Credit Union in 1952,[1] a tribute to what NGA's current campus, along the banks of the Mississippi River in south St. Louis, used to be known as the "St. Louis Arsenal" back in the country's Civil War days. During this time, the site had warehoused small arms, artillery, gun carriages, ammunition and gunpowder.[2]

Field of membership

In Missouri, membership is open to those who live or work in St. Louis County, Jefferson County, Franklin County, Washington County, St. Francois County, and Ste. Genevieve County. The credit union also offers membership in Illinois, which is available to those who live or work in St. Clair County, Madison County, Monroe County, and Randolph County. Arsenal also serves those who live or work in select ZIP codes in Jasper County (64801), Miller County (65026), Camden County (65049 & 65065), and Morgan County (65072) in the state of Missouri. Those who have a parent, grandparent, brother, sister, child, grandchild, spouse, aunt, uncle, niece, nephew, first cousin or legal guardian who is eligible to be an Arsenal member can join through them. This includes steps, in-laws and legally adoptive relationships.[3]

Those employed by or who have retired from the NGA, and those who work for the Department of Veterans Affairs (Veterans Administration) are also eligible to join. Those who belong to the following labor organizations can join the credit union:

  • Bakers, Confectioners, Tobacco Workers and Grain Millers (BCTGM) Local 4
  • Communication Workers of America (CWA) 4217
  • Iron Workers Local 396
  • Service Employees International Union (SEIU) Healthcare Illinois
  • United Food and Commercial Workers (UFCW) Local 534

Locations

Arsenal Credit Union has four public locations in the following St. Louis metro areas: Arnold, Webster Groves, Florissant, and in Swansea, Illinois. It also maintains a branch on the National Geospatial-Intelligence Agency (NGA) campus just south of downtown St. Louis that is accessible only to NGA employees.[4]

In addition, ACU is part of the Shared Branch network, meaning members can access their accounts at more than 50 other credit union shared branch locations in the St. Louis metro area and more than 5,000 nationwide.[5] It is a member of the CO-OP Network of ATMs, giving members access to more than 250 fee-free ATMs in the St. Louis area and nearly 30,000 nationwide.[6]

Products and Services

Arsenal Credit Union offers a full complement of loans, savings accounts, and checking accounts for its members. It offers a Totally Free Checking account.[7]

In addition to consumer services, ACU offers loans, deposit accounts, and cash management products for local small businesses. As of August 2016, ACU had more than 1,100 small business members in the St. Louis area.[8]

gollark: Yes, it would be unwise to be not home lots of the time these days.
gollark: It would be nice if either of the candidates could assemble a coherent sentence.
gollark: If Trump had won, I would have had to *listen to him* quite often and hear about stupid things he did and it would be *so annoying*.
gollark: Something something false dichotomy.
gollark: Yes, yes, both candidates terrible?

References
  1. "Arsenal Credit Union - Arsenal Credit Union - Our Roots and Structure". ArsenalCU.com. Archived from the original on 30 November 2012. Retrieved 30 April 2018.
  2. ""Solving the Mystery of the Arsenal Guns" by Randy R. McGuire". civilwarstlouis.com. Retrieved 2012-11-27.
  3. "Arsenal Credit Union - Arsenal Credit Union - Eligibility". ArsenalCU.com. Retrieved 30 April 2018.
  4. "Arsenal Credit Union - Arsenal Credit Union - Locations and Hours". ArsenalCU.com. Retrieved 30 April 2018.
  5. "Credit Union Shared Branch". CU Service Centers. Retrieved 30 April 2018.
  6. "CO-OP Financial Services". CO-OP Network. Retrieved 30 April 2018.
  7. "Arsenal Credit Union - Arsenal Credit Union - Totally Free Checking". ArsenalCU.com. Retrieved 30 April 2018.
  8. "Member's Edge - October 2012" (PDF). ArsenalCU.com. Retrieved 2012-11-24.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.