We have listed these credit unions in order of assets under management, from largest to smallest. The information below provides a general idea of the benefits and fees you can expect from each, which should help you make the best decision if you’re actively seeking to join a credit union.
1. Navy Federal Credit Union Vienna, VA
- Assets under management: $111 billion
- Number of members: 8.9 million
- Interest yield on average assets: 5.68%
The Navy Federal Credit Union Vienna is the largest in the United States, with more than $111 billion in assets and 8.9 million members. Their average interest return on assets was 5.68% in 2018. No minimum deposit is required to open an account, and no monthly service fees. However, there is a $29 fee for insufficient funds.
2. State Employees Credit Union Raleigh, NC
- Assets under management: $41 billion
- Number of members: 2.4 million
- Interest yield on average assets: 3.37%
This credit union has $41 billion in assets and 2.4 million members. In 2019, its average interest return on assets was 3.37%. When opening an account, you must deposit a minimum of $1, and there is no monthly service fee. The penalty for not having sufficient funds is $29.
3.PenFed Federal Credit Union Alexandria, VA
- Assets under management: $24 billion
- Number of members: 1.86 million
- Interest yield on average assets: 3.88%
The PenFed Federal Credit Union has $24 billion in assets and 1.86 million members. Its average interest return on assets was 3.88% in 2018. There is a $25 minimum amount to open an account and a $10 monthly service fee. The penalty for insufficient funds is $30.
4. BECU Tukwila, WA
- Assets under management: $22 billion
- Number of members: 1.23 million
- Interest yield on average assets: 3.33%
The BECU has $22 billion in assets and 1.23 million members. In 2018, its average interest return on assets was 3.33%, the third-highest in the United States. It has an account yield of 0.05%, a minimum amount of $25 to open an account, and there is no monthly service fee. The penalty for insufficient funds is $25.
5.SchoolFirst Federal Credit Union Santa Ana, CA
- Assets under management: $15.2 billion
- Number of members: 863,000
- Interest yield on average assets: 3.21%
SchoolsFirst Federal Credit Union Santa Ana has $15.2 billion in assets and 863,000 members. Its average interest return on assets was 3.21% in 2018. Opening an account requires a deposit of at least $25, and there is no monthly service fee. The penalty for insufficient funds is $20.
6. First Technology Federal Credit Union Mountain View, CA
- Assets under management: $13 billion
- Number of members: 610,000
- Interest yield on average assets: 3.53%
The First Technology Federal Credit Union has $13 billion in assets and more than 610,000 members. Its average interest return on assets was 3.53% in 2018. There is no minimum amount to open an account, and there is no monthly service fee. The penalty for insufficient funds is $28.
7. Golden 1 Credit Union Sacramento, CA
- Assets under management: $13 billion
- Number of members: +1 million members
- Interest yield on average assets: 3.1.6%
The Golden 1 Credit Union Sacramento has $13 billion in assets and more than one million members. Its average interest return on assets was 3.16% in 2018. There is no minimum amount to open an account, and there is no monthly service fee. The insufficient funds’ penalty is $27.50.
8. Alliant Credit Union Chicago, IL
- Assets under management: $12.2 billion
- Number of members: 493,000
- Interest yield on average assets: 3.48%
Alliant Credit Union Chicago has $12.2 billion in assets and 493,000 members. Its average interest return on assets was 3.48% in 2018. There is no minimum amount to open an account, and there is no monthly service fee. The penalty for insufficient funds is $25.
9. America First Credit Union Ogden, UT
- Assets under management: $11.7 billion
- Number of members: 1,089,000
- Interest yield on average assets: 3.74%
The American First Credit Union has $11.7 billion in assets and 1,089,000 members. Its average interest return on assets was 3.74%, the highest for a credit union. To open an account, it has a minimum amount of $1 and does not charge a monthly service fee.
10. Suncoast Credit Union Tampa, FL
- Assets under management: $10.5 billion
- Number of members: 874,000
- Interest yield on average assets: 3.18%
Suncoast Credit Union Tampa has $10.5 billion in assets and more than 874,000 members. Its average interest return on assets was 3.18% in 2018. It has a minimum amount of $25 to open an account. The penalty for insufficient funds is $29.