The United Nations Federal Credit Union is surprisingly similar to other credit unions. For one thing, it's relatively small. At $3.7 billion in assets, it ranks as the 28th largest credit union nationwide, according to a list published by American Banker, a sister publication of BIC. But in the overall financial services industry, it would be considered a small-fry, ranking among community banks.
Its location is also fairly normal, by New York standards. It's not in a super-secret underground bunker that one imagines upon learning that the United Nations has a credit union. Instead, it's on the third floor of an office building in midtown Manhattan, across the street from the famous UN building. Once you get through the building's security checkpoint-which, in one departure from the industry, rivals that of some airports-the lobby of the credit union is even on the small side.
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