Credit Union ONE Revenue and Competitors

Ferndale, MI USA

Location

N/A

Total Funding

Banking

Industry

Estimated Revenue & Valuation

  • Credit Union ONE's estimated annual revenue is currently $66.3M per year.(i)
  • Credit Union ONE's estimated revenue per employee is $231,000

Employee Data

  • Credit Union ONE has 287 Employees.(i)
  • Credit Union ONE grew their employee count by 9% last year.

Credit Union ONE's People

NameTitleEmail/Phone
1
CEOReveal Email/Phone
2
SVP Commercial Loan DivisionReveal Email/Phone
3
V.P. I.T. ServicesReveal Email/Phone
4
VP Payments Strategy and ImplementationReveal Email/Phone
5
VP Risk ManagementReveal Email/Phone
6
VP, Knowledge ManagementReveal Email/Phone
7
VP Member ServiceReveal Email/Phone
8
Security OfficerReveal Email/Phone
9
VP MarketingReveal Email/Phone
10
VP Member ServiceReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$181.1M6901%N/AN/A
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What Is Credit Union ONE?

Credit Union ONE traces its roots to the Great Depression, a troubling time of financial hardship for many Americans. Seeking to make a better future, a handful of people banded together in 1938 to form the Ferndale Co-Operative Credit Union. It was a modest beginning. At the start, the Co-Op worked out of a church basement. But the "people helping people" philosophy worked so well we're now 100,000 members strong and offer a full range of financial services to members throughout Michigan. Indeed, the first credit unions started in much the same way that Credit Union ONE did. In the mid-1800s, many Europeans were poverty-stricken and despairing as a result of bad crop years, wars, and unfulfilled promises of the industrial revolution. There were a few cooperative experiments as early as 1844. But we trace the modern credit union movement to two German mayors, one of whom is credited with founding urban credit unions in 1852. The other, Frederick William Raiffeisen, is credited with founding credit unions as we know them today. His agricultural cooperatives, which began in 1849, helped almost-destitute German farmers regain the independence and self-esteem that comes with financial well-being. Raiffeisen is also credited with embedding the "people helping people" philosophy into the credit union movement. He considered helping people more important than profit. To this day, credit unions uphold this principle. The credit union concept eventually traveled to the U.S. By 1909, the first U.S. credit union was established in New Hampshire. There are now more than 12,000 credit unions in the U.S.

keywords:N/A

N/A

Total Funding

287

Number of Employees

$66.3M

Revenue (est)

9%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Credit Union ONE News

2022-04-19 - What Is a CD-Secured Loan?

If you default on a CD-secured loan, the bank or credit union will ... an option unless you already have a CD or are willing to open one.

2022-04-19 - How to Open a CD

Opening a certificate of deposit (CD) with a bank or credit union can ... Rates can vary widely from one financial institution to another.

2022-04-17 - Service One Credit Union to assume ownership of 2 MidWest ...

(WBKO) - Service One Credit Union in Bowling Green has announced it has entered into a partnership agreement with MidWest America Federal...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$109.8M4883%N/A
#2
$230.2M68274%N/A
#3
$503.1M1089-2%N/A