Changes

Compared to traditional banks, credit unions had a much lower failure rate during the Great Recession, and typically have a higher rate of customer satisfaction.

Compared to traditional banks, credit unions had a much lower failure rate during the Great Recession, and typically have a higher rate of customer satisfaction.

Some credit unions are extremely large: two very large ones (serving active and former military and civilian Department of Defense personnel) are Navy Federal Credit Union (the largest in the United States) and Pentagon Federal Credit Union (commonly known as "PenFed," the third largest).  San Diego County Credit Union is large enough to sponsor a holiday college football game, while Texas Dow Employees Credit Union holds naming rights to the [[University of Houston]]'s football stadium.

Some credit unions are extremely large: two very large ones (serving active and former military and civilian Department of Defense personnel) are Navy Federal Credit Union (the largest in the United States) and Pentagon Federal Credit Union (commonly known as "PenFed," the third largest).  San Diego County Credit Union is large enough to sponsor a holiday college football game, while TDECU Credit Union (formerly Texas Dow Employees Credit Union) holds naming rights to the [[University of Houston]]'s football stadium.

[[Category:Finance]]

[[Category:Finance]]