WASHINGTON– The United States Senate FCU is reporting it rang in the New Year as a $1 billion credit union. The credit union said the new asset-size threshold follows three consecutive years of double-digit growth and falls on the eve of the credit union’s 85th anniversary year.
The credit union also began the new year with an new president and CEO, Timothy L. Anderson.
“We are fortunate to have Tim continue in this role as leader of our organization, serving our remarkable Senate community, and guiding our company and its valued employees into the future,“ said Ileana Garcia, USSFCU board chair.
During USSFCU’s three-year period of exceptional growth, the credit union said it ensured its top priority – its members – benefited from this success via special dividends, competitive loan rates and nationally leading deposit rates.
“Reaching the $1 billion mark is a special accomplishment for the credit union,” said Anderson. “We would have never been able to accomplish this without our board, hard work and dedication of our employees, and the trust and loyalty of our members.”